Tresnan Brothers is expected to pay a $2.95 dividend on its common stock at at the end of this year. This company's dividends are expected to grow at a constant rate of 4% per year. If the required rate of return on the stock is 8.45%, what is the stock's current value per share? (your answer should be to two decimal places)
Answers: 3
Business, 22.06.2019 08:40
Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Answers: 3
Business, 22.06.2019 19:30
Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]
Answers: 1
Tresnan Brothers is expected to pay a $2.95 dividend on its common stock at at the end of this year....
Mathematics, 26.03.2020 07:04
Mathematics, 26.03.2020 07:04
English, 26.03.2020 07:04
Biology, 26.03.2020 07:04
Mathematics, 26.03.2020 07:05
Social Studies, 26.03.2020 07:05
Mathematics, 26.03.2020 07:06
English, 26.03.2020 07:06
Computers and Technology, 26.03.2020 07:06
Mathematics, 26.03.2020 07:06
English, 26.03.2020 07:06