Discraft Inc is expected to pay an annual dividend of $1 at the end of the current year. (Discraft pays its dividends annually.) The dividend is expected to grow quickly over the ensuing year at the rate of 20%
Starting two years from today the growth rate of dividends will fall to a rate of 3% and continue at that rate in perpetuity. Investors require a 12% return on the stock. Estimate the market price of the shares of Discraft in one year's time (at Year 1 ) just after the next dividend is paid.
A) $11.24
B) $11.62
C) $12.80
D) $13.33
E) $14.82
D
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Which of the following is not usually the job of the team leader?
a. making sure that the team has clear vision and direction b. making sure that relationship-oriented issues are managed c. making sure that the team has the resources that it needs d. making sure that the team gets paid
On January 1 . 2011, Mardi Gras Shipping bought a machine for $1,500,000 . At that time, this machine had an estimated useful life of six years, with no salvage value. As a result of additional information, Mardi Gras determined on January 1 . 2014, that the machine had an estimated useful life of eight years from the date it was acquired, with no salvage value. Accordingly, the appropriate
accounting change was made in 2014 . How much depreciation expense for this machine should Mardi Gras record for the year ended December 31 . 2014, assuming Mardi Gras uses the straight-line method of depreciation? a. $125,000 b. $150,000 c. $187,500 d. $250,000
Queries are important because
a. they are a way to store data b. they provide direction for strategic HR c. they allow you to present questions to the DBMS in a language it understands d. they allow you to manipulate information
Making coworkers feel unimportant helps build relationships with them because you assert your superiority
Indicate whether the statement is true or false.