subject
Business, 15.11.2019 00:31 meganwintergirl

Keidis industries will pay a dividend of $3.55, $4.65, and $5.85 per share for each of the next three years, respectively. in four years, you believe that the company will be acquired for $53.00 per share. the return on similar stocks is 9.9 percent. what is the current stock price?

multiple choice

$61.72

$53.63

$51.10

$47.45

$47.82

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
question
Business, 22.06.2019 21:40
The farmer's market just paid an annual dividend of $5 on its stock. the growth rate in dividends is expected to be a constant 5 percent per year indefinitely. investors require a 13 percent return on the stock for the first 3 years, a 9 percent return for the next 3 years, a 7 percent return thereafter. what is the current price per share? select one: a. $212.40 b. $220.54 c. $223.09 d. $226.84 e. $227.50 previous pagenext page
Answers: 2
question
Business, 22.06.2019 23:50
When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.
Answers: 2
question
Business, 23.06.2019 01:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
You know the right answer?
Keidis industries will pay a dividend of $3.55, $4.65, and $5.85 per share for each of the next thre...
Questions
question
Mathematics, 09.12.2021 06:40
question
Mathematics, 09.12.2021 06:40
question
Mathematics, 09.12.2021 06:40
question
Law, 09.12.2021 06:40
question
Mathematics, 09.12.2021 06:40
question
Mathematics, 09.12.2021 06:40
question
Advanced Placement (AP), 09.12.2021 06:40
question
Mathematics, 09.12.2021 06:40