How much will you pay for the company stock today

Reference no: EM13281657

Ziggs corporation will pay a $4.60 per share dividend next year. the company pledges to increase its dividend by 6.75 percent per year, indefinitely if you require a 11 percent return on your investment, how much will you pay for the company's stock today? (do not include the dollar sign ($). round your answer to 2 decimal places (e.g., 32.16).)

Reference no: EM13281657

Questions Cloud

What normalization is used for and why : What normalization is used for and why

Explain what are the concentrations of acetic acid : What are the concentrations of acetic acid and sodium acetate in a 0.4 M acetate buffer, pH 5.2. The pKa of acetic acid is 4.77.

Identify the characteristics that various organisms share : What three taxa appear in the main window when you first enter the Systematics Lab Room? At what level of classification are these three taxa?

What must the speed of the electron be : what is the electric force between the proton and electron inside of a hydrogen atom? What must the speed of the electron be

How much will you pay for the company stock today : Ziggs corporation will pay a $4.60 per share dividend next year. the company pledges to increase its dividend by 6.75 percent per year, indefinitely if you require a 11 percent return on your investment.

Determine what is the approximate average area per bit : A hard disk storesinformation magnetically on the surface of a circular disk. What is the approximate average area per bit of information on a hard diskdrive today

How much time does it take until the book hits the floor : After solving a difficult physics problem, an excited student throws his book straight up. How much time does it take until the book hits the floor

Compute the ph of a solution prepared by mixing sodium : Calculate the pH of a solution prepared by mixing 300 mL of 0.25 M sodium hydrogen ascorbate and 150 mL of 0.2 M HCl plus water to a final volume of one liter. The Ka of ascorbic acid is 5 x 10-5.

What is the second balls velocity at given point : A tennis ball gun launches tennis balls at 17.6 m/s . It's pointed straight up and launches one ball; 2.0 s later, What is the second balls' velocity at that point

User Account

All Pages