You own 1,800 shares of stock in avondale corporation. you will receive a $1.60 per share dividend in one year. in two years, avondale will pay a liquidating dividend of $66 per share. the required return on avondale stock is 10 percent. ignoring taxes, what is the current share price of your stock? (do not round intermediate calculations. round your answer to 2 decimal places, e. g., 32.16.) share price $ 124,111.00 incorrect if you would rather have equal dividends in each of the next two years, how many shares would you sell in one year? (do not round intermediate calculations. round your answer to 2 decimal places, e. g., 32.16.) number of shares $ 23,123,421.00 incorrect what would your cash flow be for each year for the next two years? hint: dividends will be in the form of an annuity. (do not round intermediate calculations.) cash flow $ 354,231.00 incorrect

What is the most important type of decision that the financial manager makes?

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

1. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount of unearned interest. 2. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount necessary to pay off the loan. ! i entered 967.82 for question 1 and 5,455.78 for question 2 and it said it was