subject
Business, 27.02.2020 18:32 marieroberts7148

The Starr Co. just paid a dividend of $1.85 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. Investors require a return of 12 percent on the stock. What is the current price?

What will be the price in three years?
What will be the price in 14 years?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 18:30
How is the division of labor accomplished?
Answers: 1
question
Business, 22.06.2019 05:10
1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84
Answers: 3
question
Business, 22.06.2019 17:00
Can someone me ? i’ll mark the best answer brainliest : )
Answers: 1
question
Business, 22.06.2019 22:00
Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.
Answers: 3
You know the right answer?
The Starr Co. just paid a dividend of $1.85 per share on its stock. The dividends are expected to gr...
Questions
question
Mathematics, 17.10.2019 07:30
question
Social Studies, 17.10.2019 07:30