subject
Business, 01.07.2019 18:20 kaleb6816

Lohn corporation is expected to pay the following dividends over the next four years: $18, $14, $10, and $5.50. afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. if the required return on the stock is 12 percent, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:50
Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?
Answers: 2
question
Business, 22.06.2019 09:50
The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?
Answers: 2
question
Business, 22.06.2019 21:00
Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $
Answers: 1
question
Business, 23.06.2019 01:30
The stock market is -the section of the newspaper where you learn how much a stock is worth -a place where you buy and sell stock -an organized way for people to buy and sell stocks -the same as a brokerage firm
Answers: 1
You know the right answer?
Lohn corporation is expected to pay the following dividends over the next four years: $18, $14, $10...
Questions
question
Mathematics, 23.10.2020 22:30
question
Mathematics, 23.10.2020 22:30
question
Mathematics, 23.10.2020 22:30
question
Physics, 23.10.2020 22:30
question
History, 23.10.2020 22:30
question
Mathematics, 23.10.2020 22:30
question
Mathematics, 23.10.2020 22:30
Questions on the website: 13722360