What is the current share price

Assignment Help Finance Basics

Reference no: EM13257723

Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next three years, with the growth rate falling off to a constant 7.2 percent thereafter.

If the required return is 14 percent and the company just paid a $3.35 dividend, what is the current share price? (Hint: Calculate the first four dividends.)

Reference no: EM13257723

Questions Cloud

What is the time constant of the rl circuit : The time constant of an RL circuit with L = 25 mH is five times the time constant of an RC circuit with C = 40 µF. What is the time constant of the RL circuit

Prepare a retained earnings statement for the year ended : Prepare an income statement for the year ended December 31,2009. Prepare a retained earnings statement for the year endedDecember 31, 2009

Direction and magnitude : A running back weighing 200 lbs is running due west toward the goal line. a 240 lb linebacker intercepts the running back from an angle of 120 degrees. find the resultant force vector with respect to the initial vectors after the impact. (direction a..

Determine the value of peak-to-peak value output signal : Using a voltage source Vdd=2.5V and an MOSFET with Vt=0.5 V, Kn'=0.8 A/V^2, W=10um and lambda=0, build a common source amplifier which drives a load resistor of 10k ohms. The input signal to the amplifier is a sine wave with a peak value of 0.15 V..

What is the current share price : Yang Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next three years, with the growth rate falling off to a constant 7.2 percent thereafter.

What is the temperature coefficient of the resistance : The resistance of a conductor is 19.2 ohms at 1.50 degress C and 25.0 ohms 91.0 degress C. What is the temperature coefficient of the resistance

Would a supply chain make sense in regional production : Would a supply chain make sense in regional production as backup facilities to China? For example, having facilities in Europe and South America to become cost effective in competition with Asia should a disaster strike? Explain.

Trigonometric solution for introductory problem : An orienteer runs 400m directly east and then 500m to the northeast (at a 45 degree andle from due east and from due north). Provide a graphic solution to show final displacement with respect to the starting position. Provide a trigonometric solution..

Prepare a statement of cash flow for the month ended july : Eduardo Inc. was organized on July 1, 2009. A summary ofcash flows for July follows. Prepare a statement of cash flow for the month ended July 31,2009.

User Account

All Pages