What is the stock current value per share

Assignment Help Financial Management

Reference no: EM132020587

Thomas Brothers is expected to pay a $3.5 per share dividend at the end of the year (that is, D1 = $3.5). The dividend is expected to grow at a constant rate of 5% a year. The required rate of return on the stock, rs, is 19%. What is the stock's current value per share? Round your answer to two decimal places.

Reference no: EM132020587

Questions Cloud

What are the legal implications in given scenario : Assess the approaches you would use to monitor the behavior of each employee, What are the legal implications? How would you evaluate the effectiveness.

What would be its new market value : Suppose interest rates rise and pull the preferred stock's yield up to 11%. What would be its new market value?

What is expected return on the portfolio : what is the expected return on the portfolio?

What is required rate of return : What is the required rate of return? Round your answer to two decimal places. ________ %

What is the stock current value per share : The required rate of return on the stock, rs, is 19%. What is the stock's current value per share?

Define greatest financial obstacle to quality in health care : What is the greatest financial obstacle to quality in health care? Include research and anecdotal evidence to defend your claims. 200 words with reference.

Calculate the yield on the repo if it has five-day maturity : Calculate the yield on the repo if it has a 5-day maturity. Calculate the yield on the repo if it has a 15-day maturity.

Discuss the traditional annual evaluation method : Imagine that you are a director of performance management. With this role in mind, briefly compare and contrast the traditional annual evaluation method.

What is required rate of return : What stock price is expected 1 year from now? What is the required rate of return?

User Account

All Pages