What is the stock current value per share

Assignment Help Financial Management

Reference no: EM131972352

Thomas Brothers is expected to pay a $1.5 per share dividend at the end of the year (that is, D1 = $1.5). The dividend is expected to grow at a constant rate of 8% a year. The required rate of return on the stock, rs, is 15%. What is the stock's current value per share? Round your answer to two decimal places

Reference no: EM131972352

Questions Cloud

Example of overt discrimination-disparate treatment : Which of the following is an example of overt discrimination, disparate treatment, or disparate impact? Explain

Microtech corporation is expanding rapidly : Microtech Corporation is expanding rapidly and currently needs to retain all of its earnings. what is the value of the stock today?

What is the future value of these cash flows in year four : If the discount rate is 7 percent, what is the future value of these cash flows in Year 4?

How high can the discount rate : How high can the discount rate be before you would reject the project?

What is the stock current value per share : The required rate of return on the stock, rs, is 15%. What is the stock's current value per share?

Used to help evaluation potential project : Explain how the IRR works and how this is used to help evaluation a potential project.

Increased your contributions : How much less will you have in your account after 17 years than if you increased your contributions?

Explain the cash conversion cycle : Explain the cash conversion cycle (CCC). Describe the CCC for your employer or company in an industry in which you're interested.

What is the capitalized cost at in interest rate : The cost of an investment is $1.7M. Maintenance cost is $350000 every 3 years. What is the capitalized cost at in an interest rate of 6% per year?

User Account

All Pages