subject
Business, 12.12.2019 05:31 treymartinez7250

Justin cement company has had the following pattern of earnings per share over the last five years: year earnings per share 20x1 $ 8.00 20x2 8.40 20x3 8.82 20x4 9.26 20x5 9.72 the earnings per share have grown at a constant rate (on a rounded basis) and will continue to do so in the future. dividends represent 40 percent of earnings. a. project earnings and dividends for the next year (20x6). (round the growth rate to the nearest whole percent. do not round any other intermediate calculations. round your answers to 2 decimal places.)b. if the required rate of return (ke) is 13 percent, what is the anticipated stock price (p0) at the beginning of 20x6? (round the growth rate to the nearest whole percent. do not round any other intermediate calculations. round your answer to 2 decimal places.)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:00
Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal
Answers: 1
question
Business, 22.06.2019 23:40
Elite coffee and bakery, a café that offers a relaxing environment to enjoy quality coffees, teas, soups, and other menu items, has a poster in the front of its restaurants that reads, "we will always provide a quality product to our customers better meet the challenges of their day and always take the time to offer caring service one person at a time." this statement is elite's
Answers: 2
question
Business, 23.06.2019 02:30
Suppose a jury of 12 people is chosen from the above pool, and this jury hears a case and discusses the verdict; x is the number who think the defendant is guilty.
Answers: 1
question
Business, 23.06.2019 03:30
What does the term "smalling up" mean, according to white? what ways have you or people you know had to "small up"? if you haven't, what ways could you?
Answers: 2
You know the right answer?
Justin cement company has had the following pattern of earnings per share over the last five years:...
Questions
question
Mathematics, 05.07.2019 12:00
question
Mathematics, 05.07.2019 12:00
question
Health, 05.07.2019 12:00