Kellner Motor Co's stock has a required rate of return of 11.50%, and it sells for $25.00 per share. Kellner's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D0?
a. $0.95
b. $1.05
c. $1.16
d. $1.27
e. $1.40
b
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If fixed costs are $180,000, variable costs are $38 per unit, and the product sells for $70, the breakeven point in sales dollars is $5,625
Indicate whether the statement is true or false
Which of the following is the third step of the performance success cycle?
a. assess b. talk c. think d. coach
_________________ are important products for any project team
a. Documents b. New products c. Long-term assignments d. Products in development
Tomas and Saturn are partners who share income in the ratio of 3:1. Their capital balances are $80,000 and $120,000 respectively. Income Summary has a credit balance of $30,000. What is Saturn's capital balance after closing Income Summary to Capital?
A) $102,500 B) $120,000 C) $112,500 D) $127,500