The risk-free rate of return is 6%, the expected rate of return on the market portfolio is 15%, and the stock of xyrong corporation has a beta coefficient of 2.3. xyrong pays out 45% of its earnings in dividends, and the latest earnings announced were $9.00 per share. dividends were just paid and are expected to be paid annually. you expect that xyrong will earn an roe of 18% per year on all reinvested earnings forever.

a. what is the intrinsic value of a share of xyrong stock? (do not round intermediate calculations. round your answer to 2 decimal places.)

b. if the market price of a share is currently $22, and you expect the market price to be equal to the intrinsic value one year from now, what is your expected 1-year holding-period return on xyrong stock? (do not round intermediate calculations. round your answer to 2 decimal places.)

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?