Suppose you know that a company's stock currently sells for $74 per share and the required return on the stock is 10.6 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose you know that a company's stock currently sells for $74 per share and the required return on the stock is 10.6 percent. You also ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Banks borrow money (from other banks and from consumers' deposits) and then lend that money to others. This is an essential part of the maintenance of the health of the economy called A) demand control. B) the law of supply. C) market conditions.
Answers (1)
We are planning a reception for our daughter. The hall that we are renting charges a $95 cleanup fee. In addition to the cleanup fee, they charge $25 per guest for food and drinks. If we have $2,100.
Answers (1)
Purchases of which types of goods are business cycles most likely to affect? a. goods the government purchases b. nondurable goods c. services d. durable goods
Answers (1)
Dilwater Furniture purchased a corner lot in Pittsburg five years ago at a cost of $890,000. The lot was recently appraised at $1,070,000.
Answers (1)
Give at least one disadvantage of incorporation and explain why it is a disadvantage.
Answers (1)
New Questions in Business
The same person opens incoming mail and posts the accounts receivable subsidiary ledger.
Answers (1)
George failed to pay $5,000 of income tax due with the filing of his return, which was timely filed on April 15th. He waits until June 10th after April 15th to pay the tax. How much will his penalties be?
Answers (1)
On November 1, 2019, Juno, Inc. declared a dividend of $3.00 per share on common stock. Juno, Inc. has 10,000 shares of common stock outstanding and 20,000 shares of preferred stock.
Answers (1)
Fallon Corporation reports net income of $370,000. Accounts Receivable balances at the beginning and end of the year were $40,000 and $48,000, respectively. Beginning and ending Inventory balances were $60,000 and $54,000, respectively.
Answers (1)
An asset was purchased for $60,000 and originally estimated to have a useful life of 10 years with a residual value of $3,000.
Answers (2)