What should be ranyard current stock price

Assignment Help Finance Basics

Reference no: EM132068110

Question: Ranyard's beta is 1.09, and the last dividend per share paid was $4.15. The market risk premium is estimated to be 7.77%, and the real rate of interest is 2.09%. The liquidity risk premium is 0.6%. Analysts expect the company to grow at a rate of 3.87% indefinitely. The risk free rate is 2.91%. What should be Ranyard's current stock price? Round your answer to two decimal places.

Reference no: EM132068110

Questions Cloud

Describe the demographic transition model : Determine the major links between wealth, birth rates, and shared environment within the United States and Brazil.

Calculate the apr by formula : Ramon Hernandez saw the following advertisement for a used Volkswagen Bug and decided to work out the numbers to be sure the ad had no errors.

What is the best estimate of the current stock price : The Ramirez Company's last dividend was $1.75. Its dividend growth rate is expected to be constant at 24% for 2 years, after which dividends are expected.

What is the target variable cost for each laser light : If the company desires to make a profit of $100,000 on the laser light, what is the target variable cost for each laser light

What should be ranyard current stock price : Ranyard's beta is 1.09, and the last dividend per share paid was $4.15. The market risk premium is estimated to be 7.77%, and the real rate of interest is 2.09%

Identify one remote and one very remote community : Identify one remote and one very remote community from Northern Territorystate and research the characteristics of each community.

Explain the discounting approach : The company uses an interest rate of 9 percent on all of its projects. Calculate the MIRR of the project using the discounting approach.

What cost should be allocated to the building : An appraiser provided the following appraisal values: land $320,000: building $370,000 and equipment $60,000. What cost should be allocated to the building

What is the three-year forward price : The asset provides an income of $2 at the end of the first year and at the end of the second year. What is the three-year forward price

User Account

All Pages