What is the current share value based on this information

Assignment Help Financial Management
Reference no: EM131962583

Exxon Mobil’s most recent annual dividend was $3.09 per share. Analysts forecast that the dividend growth rate will be 6.8% per year for the foreseeable future. The appropriate discount rate for Exxon Mobil’s common stock is 12%. What is the current share value based on this information? Do not round at intermediate steps in your calculation. Round to two decimal places. Do not type the $ symbol.

Reference no: EM131962583

Questions Cloud

About to pay annual dividend : Popovich Corp. is just about to pay an annual dividend of $2.45 per share. What is the price of the stock today?
What is the price of one share of utah mining stock : An investor is considering the purchase of a share of the Utah Mining Company. what is the price of one share of Utah Mining Stock?
What is apple return on equity : What is Apple’s return on equity (ROE)?
Challenges associated with value judgments : What are some of the implications and challenges associated with value judgments?
What is the current share value based on this information : Exxon Mobil’s most recent annual dividend was $3.09 per share. What is the current share value based on this information?
What is the expected five-year net present value : What is the expected 5-year net present value?
About racial diversity but the word has broader meaning : When we hear the word "diversity" we often think about racial diversity but the word has a broader meaning.
What is the annual dividend per share : Based on this information, what is the annual dividend per share?
How much money can you get by selling your rights : Prahm Corp. wants to raise $4 million via a rights offering. how much money can you get by selling your rights?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd