subject
Business, 11.12.2019 03:31 Katmcfee7681

General importers announced that it will pay a dividend of $4.25 per share one year from today. after that, the company expects a slowdown in its business and will not pay a dividend for the next 5 years. then, 7 years from today, the company will begin paying an annual dividend of $2.35 forever. the required return is 12.6 percent. what is the price of the stock today?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 05:20
What are the general categories of capital budget scenarios? describe the overall decision-making context for each.
Answers: 3
question
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
question
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
question
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
You know the right answer?
General importers announced that it will pay a dividend of $4.25 per share one year from today. afte...
Questions
question
Mathematics, 16.10.2020 05:01
question
Mathematics, 16.10.2020 05:01
question
Mathematics, 16.10.2020 05:01
question
Mathematics, 16.10.2020 05:01
question
Chemistry, 16.10.2020 05:01
Questions on the website: 13722363