Business, 07.11.2021 14:00 ARandomPersonOnline
Steve's Specialties, Inc. paid its dividend yesterday, which as $ 2.75. The dividend has been growing at a rate of 0.045 and is expected to continue indefinitely at that rate. Steve's common stock is currently trading at 23.00 per share. The firms beta is 0.82. Treasuries (T-bills) are currently yielding 0.020, Average return on the market is 0.08. If the firm issues new common stock, it can be sold at the current market price and the flotation costs are expected to be 0.12 times the market price per share. Using the DCF approach, what is Steve's cost of new common equity
Answers: 1
Business, 22.06.2019 03:30
Lindon company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a cm ratio of 30%. the company’s fixed expenses are $162,000 per year. the company plans to sell 20,200 units this year. required: 1. what are the variable expenses per unit? (round your "per unit" answer to 2 decimal places.) 2. what is the break-even point in unit sales and in dollar sales? 3. what amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year? 4. assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. what is the company’s new break-even point in unit sales and in dollar sales? what dollar sales is required to attain a target profit of $72,000?
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Business, 22.06.2019 18:10
Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials
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Steve's Specialties, Inc. paid its dividend yesterday, which as $ 2.75. The dividend has been growin...
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