subject
Business, 11.07.2019 23:20 brandiyocham

Computech corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. however, investors expect computech to begin paying dividends, beginning with a dividend of $0.75 coming 3 years from today. the dividend should grow rapidly-at a rate of 49% per year-during years 4 and 5; but after year 5, growth should be a constant 5% per year. if the required return on computech is 18%, what is the value of the stock today? do not round intermediate calculations. round your answer to the nearest cent.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:20
Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?
Answers: 2
question
Business, 22.06.2019 05:20
Social computing forces companies to deal with customers as opposed to
Answers: 2
question
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 3
question
Business, 22.06.2019 20:00
Experienced problem solvers always consider both the value and units of their answer to a problem. why?
Answers: 3
You know the right answer?
Computech corporation is expanding rapidly and currently needs to retain all of its earnings; hence...
Questions
question
Biology, 13.10.2020 01:01
question
World Languages, 13.10.2020 02:01
question
Mathematics, 13.10.2020 02:01
question
Health, 13.10.2020 02:01
Questions on the website: 13722360