What is the firm expected stock price 5 years from now

Reference no: EM13300053

James Consol Company's current stock price is $24, and its last dividend was $1.60. in view of the firm's strong financial position and its consequent low risk, its required rate of return is only 12 percent. if dividends are expected to grow at a constant rate, g, in the future, and if ke is expected to remain constant at 12 percent, what is the firm's expected stock price 5 years from now?

Reference no: EM13300053

Questions Cloud

What is the debt ratio : ABC Company has a debt-equity ratio of 0.77. What is the debt ratio?

What is the tube length of the microscope : To make a simple microscope a student places two converging lenses of +20 D at opposite ends of a 34 cm long tube. What is the tube length of the microscope

What is the dollar-cost of the shipment : Without a forward contract, what is the dollar-cost of the shipment if the spot exchange rate at the time of purchase is $0.75?

What is the location of the final image : An object is located 15 cm in front of (to the left of) a converging lens with a focal length of 10 cm. To the right of the converging lens, What is the location of the final image

What is the firm expected stock price 5 years from now : If dividends are expected to grow at a constant rate, g, in the future, and if ke is expected to remain constant at 12 percent, what is the firm's expected stock price 5 years from now?

Tomey supply company financial statements : Tomey Supply Company financial statements for the most recent fiscal year are shown below. The company management projects that sales will increase by 20 percent next year.

Determine the energy of the recoiling electron : X-rays having an energy of 350 keV undergo Compton scattering from a target. The scattered rays are detected at 37.0° relative to the incident rays. Find the energy of the recoiling electron

Progression in teaching manipulative activities requires : Progression in teaching manipulative activities requires:

Which project or projects should the firm accept : It requires that all projects have a positive net present value when cash flows are discounted at 10 percent and that all projects have a payback no longer than three years. Which project or projects should the firm accept? Why?

User Account

All Pages