Business
Business, 08.07.2019 22:40, tink921

Computech corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. however, investors expect computech to begin paying dividends, beginning with a dividend of $2.00 coming 3 years from today. the dividend should grow rapidly - at a rate of 19% per year - during years 4 and 5, but after year 5, growth should be a constant 10% per year. if the required return on computech is 16%, what is the value of the stock today? do not round intermediate calculations. round your answer to the nearest cent.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 12:40, daphnewibranowsky
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
image
Business, 23.06.2019 01:30, fanta47
Bruce matthews played football for the tennessee titans. as part of his contract, he agreed to submit any dispute to arbitra- tion. he also agreed that tennessee law would determine all matters related to workers' compensation. after matthews retired, he filed a workers' compensation claim in california. the arbitrator ruled that matthews could pursue his claim in california but only under tennessee law. should this award be set aside?
Answers: 2
image
Business, 23.06.2019 14:00, cadence58
All of the following are tasks associated with maintaining a checking account, except a. recording deposits in a checkbook register b. subtracting withdrawals to track the balance c. comparing the checkbook to the account statement in order to reconcile it d. getting your passbook updated when you make a deposit
Answers: 1
image
Business, 23.06.2019 23:30, thexgar
Katrina mendoza is a senior manager in a manufacturing firm that hires lobbyists to influence legislation that affects the manufacturing industry. katrina's firm takes a(n) stance toward the marketing environment.
Answers: 3
Do you know the correct answer?
Computech corporation is expanding rapidly and currently needs to retain all of its earnings; hence...

Questions in other subjects:

Konu
History, 21.07.2019 16:00
Konu
Biology, 21.07.2019 16:00