What is the expected price of the stock three years

Assignment Help Financial Management

Reference no: EM131880149

The required rate of return is 21.10 percent. Ninex Corp. has just paid a dividend of $3.12 and is expected to increase its dividend at a constant rate of 4.30 percent. What is the expected price of the stock three years from now? (Round answer to 2 decimal places).

Reference no: EM131880149

Questions Cloud

What equal monthly deposit should be made into this annuity : What equal monthly deposit should be made into this annuity in order to have $ 133,000 in 8 years?

Calculate gross proceeds per share received by turbo : Calculate the gross proceeds per share received by Turbo from the sale of the 3.06 million shares of stock.

Firm value of operation-what is the stock price per share : Firm's Value of operation is $300 million. Firm has 10 million shares of stocks outstanding. What is the stock price per share?

What impact will the cost of the purchase have on earnings : What impact will the cost of the purchase have on earnings for each of the next four? years?

What is the expected price of the stock three years : What is the expected price of the stock three years from now?

What is the? firm current? roe : What is the? firm's current? ROE? If the firm increased its net profit margin to 3.68%?, what would be its? ROE?

What is the proportion invested in the t-bill fund : A pension fund manager is considering three mutual funds. What is the standard deviation of your portfolio? What is the proportion invested in the T-bill fund?

Classical capital pricing asset model : What are the main differences between the Intertemporal Capital Pricing Asset Model (ICAPM) and the classical Capital Pricing Asset Model (CAPM)?

Preferred stock or any other outstanding claims : The firm has $26 million of market-value debt, but it has no preferred stock or any other outstanding claims.

User Account

All Pages