Nachman Industries just paid a dividend of D0 = $3.75. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What is the best estimate of the stock's current market value? Do not round intermediate calculations.
A. $144.04
B. $135.11
C. $127.47
D. $151.68
E. $130.01
Answer: C
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A company produces 500 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactures the circuits in-house but is considering outsourcing the circuits at a contract cost of $30 each. Currently, the cost of producing circuits in-house includes variable costs of $22 per circuit and fixed costs of $11,000 per month. Assume the company could cut fixed costs in half by outsourcing and that there is no alternative use for the facilities presently being used to make circuits. If the company outsources, operating income will ________.
A) increase by $1500 B) decrease by $1500 C) decrease by $4000 D) stay the same
In the context of market channels, the use of local distribution networks to reach target customers is identified in the ________ channel factor.
A. continuity B. control C. cost D. character E. coverage
What is meant by the terms job range and depth?
What will be an ideal response?
SELECT is the permission to:
A) See data in a table or view B) Modify database objects C) Modify data in a table or view D) Remove Database Objects