User Account

All Pages

What is the price of the share four years from now

Assignment Help Financial Accounting
Reference no: EM132939097

Question - A company's dividend grows at a constant rate of 5 percent p.a.. Last week it paid a dividend of $1.47. If the required rate of return is 16 percent p.a., what is the price of the share 4 years from now? (round to nearest cent)

a. $17.06

b. $16.24

c. $9.42

d. $25.41

Reference no: EM132939097

Questions Cloud

How much are the firm sales for Triangular Chemicals : How much are the firm sales for Triangular Chemicals? Triangular Chemicals has total assets of $90 million, a return on equity of 44 percent.
How much would be the hot money ratio of the bank : Federal fund sold = $200m, Federal fund purchased = $150m and Total asset = $1750m. How much would be the Hot Money Ratio of the bank
What is the future value of the cash flows at end of year : RM20.000 per year for the first eight years, If the interest rate is at 14%, what is the future value of the cash flows at the end of year eleven?
How long will take to repay the loan : Eryna was a student at Universiti Teknologi MARA. She borrowed RM22.000 in student. If Eryna repays RM2.500 per year how long will she take to repay the loan?
What is the price of the share four years from now : Last week it paid a dividend of $1.47. If the required rate of return is 16 percent p.a., what is the price of the share 4 years from now
How much should harith deposit each year : If Harith would like to accumulate RM 10,000 over the five (5) years, how much should Harith deposit each year given 7% annual payment.
Employee health and wellness at africa news : In recent years competition facing Africa News, a publishing company, has been increasing and has impacted negatively on sales and profits. Against this backgro
Determine the amount that ainul will have to pay each year : The tenure of loan is for 7 years at an interest rate of 8% per annum. Determine the amount that Ainul will have to pay each year for 7 years?
Various methods of upward communication : Briefly explain the various methods of upward communication using various examples from the South Pacific Countries. Discuss how all these methods can assist a

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is greg pension

Find what is Greg pension? Greg participated in his company's pension plan for 25 years, which provides benefits of 1.85% for each year of service

  Explain what impact this decision will have on

Management decides to increase sales for the current quarter by filling all customer orders. Explain what impact this decision will have on: Days receivable for the current quarter.

  Find and show journal entry to record the sale of the bonds

Show the journal entry to record the sale. Prepare journal entry on December 31, 2019, to record amortization for the year, assuming the straight-line method.

  Prepare journal entries for the issuance of the notes

Respond to the following. Submit journal entries in a table in MS Word and written segments in the same Word document. Do not submit two separate documents, as only one document can be accepted. Prepare journal entries for the issuance of the notes a..

  Prepare companys income statement in contribution format

Company has just completed its first year of operations. The company's accountant has prepared an absorption costing income statement for the year as seen below: Prepare the company's income statement in the contribution format.

  Compute the labor efficiency variance-labor rate variance

The Stewart company reported the following results concerning this product in August. Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 9.3 pounds $8.00 per pound $74.40. Compute the materials price variance. C..

  Explain the auditor opinion that should be issued

Assuming the mater remains unresolved, explain the auditor's opinion that should be issued for Northern Forest for the year ended 30 June 2018

  A company acquired some land independently appraised at

the statement of cash flow put an article link after your answer to support itthe income statement and the operating

  Calculate the return on equity ratio for merck and eli lilly

Under what conditions would the return on assets and return on equity ratio be equal? Calculate the return on equity ratios for Merck and Eli Lilly?

  Discuss analytical procedures and substantive procedures

Discuss specific analytical procedures and substantive procedures that are required to ensure the revenue and cash audits will properly support.

  Evaluate and record financial data for organisation

Suppose you need to collect, evaluate and record financial data for your organisation. Answer the following questions: Where will you find information you need

  Budget information for two of its product lines

Light Ltd. produces lighting fixtures. For the upcoming period, the company has provided the following budget information for two of its product lines: Product A Product B Sales (units) 120,000 400,000 Sales $6,000,000 $48,000,000 Variable costs 2,40..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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