A firm has experienced a constant annual rate of dividend growth of 9 percent on its common stock and expects the dividend per share in the coming year to be $2.70. The firm can earn 12 percent on similar risk involvements
The value of the firm's common stock is ________.
A) $22.50/share
B) $9/share
C) $90/share
D) $30/share
C
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In merchandising firms, purchasing decisions are authorized by inventory control
Indicate whether the statement is true or false
Loading Ramps Plus Inc contracts to sell sixteen aluminum loading ramps to Moving Services, Inc Loading Ramps ships the ramps, which Moving Servicesaccepts but does not pay for. Loading Ramps can A) sue to recover the purchase price plus inci-dental damages
B) sue to recover the purchase price minus inci-dental damages. C) resell the ramps to any buyer willing to reclaim them from Moving Services. D) require Moving Servicesto revoke its acceptance of the ramps.
What are the advantages of an exchange-traded fund relative to open-end and closed-end investment companies?
What will be an ideal response?
Gerry bought 100 shares of stock for $30.00 per share on 70% margin. Assume Gerry holds the stock for one year and that his interest costs will be $45 over the holding period
Gerry also received dividends amounting to $0.30 per share. Ignoring commissions, what is his percentage return on invested capital if he sells the stock for $34 a share? A) 106.17% B) 20.48% C) 18.33 D) 9.16%