What is golds company stock worth to you

Assignment Help Financial Management
Reference no: EM13810635

The next year the common stock of Gold Corp. will pay a dividend of $5.82 per share. If the company is growing at a rate of 4.85 percent per year, and your required rate of return is 14.61 percent, what is Gold's company stock worth to you?

Reference no: EM13810635

Questions Cloud

Explain the fourth branch of our government : The "Fourth Branch" of our government the bureaucracy to be equal with the other three branches
Advancements in technology have certainly made : Advancements in technology have certainly made our lives easier over the last twenty years. They've also changed the nature of how many of us do our jobs. A great example is right here in this course...professors can teach from home!
What is the weighted average cost of capital : The Black Bird Company plans an expansion. The expansion is to be financed by selling $87 million in new debt and $5 million in new common stock. The before-tax required rate of return on debt is 11.39% percent and the required rate of return on equi..
Determine total annual compensation of a salesperson : Write a Java application using NetBeans Integrated Development Environment (IDE) that calculates the total annual compensation of a salesperson. Consider the following factors: A salesperson will earn a fixed salary of $45,000
What is golds company stock worth to you : The next year the common stock of Gold Corp. will pay a dividend of $5.82 per share. If the company is growing at a rate of 4.85 percent per year, and your required rate of return is 14.61 percent, what is Gold's company stock worth to you?
Component interface for an emergency control room : Assignment: Component Interface for an Emergency Control Room - As the lead software engineer for a medium-sized hospital, you have been asked to spearhead an effort to improve the tracking of Voice Over IP (VOIP) calls made within the hospital sy..
Marital assetsgeorge neville and tina neville : 53.1 Marital AssetsGeorge Neville and Tina Neville were married. At the time, George was 31 years old and a practicing attorney; Tina was a 23-year-old medical student. After 7 years, Tina became a licensed physician. Soon after, George filed for div..
The need to conduct a legal analysis of the issues : Note: The company mentioned herein is merely a hypothetical organization with characteristics developed to enable students to respond to the assignment. You may create and / or make all necessary assumptions needed for the completion of this assignme..
What was wrong with the mailing of the confirmation : McGraw CPA is the auditor for Dillon Industries, a manufacturer of widgets. Dillon has debt (a mortgage and line of credit) to ABC Bank, the same bank that holds its cash, lockbox, and money market accounts. What was wrong with the mailing of the con..

Reviews

Write a Review

Financial Management Questions & Answers

  Section of the course in the context of the size of a firm

Most of the examples in the text are medium or large companies. Think about the concepts of risk which are part of this section of the course in the context of the size of a firm. Would these change if the firm were large? Small ?  Medium-sized? Any ..

  Manufacturer of backflow prevention valves expects .

A manufacturer of backflow prevention valves expects the cost of the steel bodies of certain valves to increase by $3 every 6 months. If the cost for the first semi annual period is expected to be $85, what is the present worth of the costs for a 4-y..

  Determinants of interest rates

The real risk-free rate is 2%. Inflation is expected to be 3% this year, 5% next year, and then 6% thereafter. The maturity risk premium is estimated to be 0.0004 x (t - 1), where t = number of years to maturity. What is the nominal interest rate on ..

  What was change to net working capital-average tax rate

Brooks Corp. shows the following information on its 2014 income statement: sales=$185,000; costs=$98,000; other expense=$6,700; depreciation=$16,500; interest expense=$9,000; taxes=$19,180; dividends=$9,500. In addition, 1) What is the average tax ra..

  What was the flotation cost as a percentage of funds raised

The Raven Co. has just gone public. Under a firm commitment agreement, Raven received $17.30 for each of the 15 million shares sold. The initial offering price was $21.00 per share, and the stock rose to $23.40 per share in the first few minutes of t..

  Amount of the firms after-tax cash flow from operations

Moby Dick Corporation has sales of 4,912,720; income tax of 503,624; the selling, general and administrative expenses of 274,579; depreciation of 397,181; cost of goods sold of 2,639,530; and interest expense of 123,651. Calculate the amount of the f..

  Difficulty refinancing debt in tight credit conditions

It is noted that initially, leverage can be the least expensive form of capital. However, if potential lenders feel a firm is overly leveraged, they may charge a punitive rate, or refuse to lend all together. This can be disastrous if a firm needs to..

  What must the expected return on this stock be

A stock has a beta of .95, the expected return on the market is 21 percent, and the risk-free rate is 4.00 percent. What must the expected return on this stock be?

  Pros-cons of using the current vs target capital structure

How might a firm’s cost of capital change if they moved to a more ideal capital structure (i.e., determine the weighted average cost of capital at the target capital structure)? Briefly compare and contrast the pros/cons of using the current vs targe..

  Liquidit and profitability

Liquidit. Profitability Company ratio values and industry average for the most recent year.

  Cash flows are deposited

$1,200 is received at the beginning of year 1, $2,200 is received at the beginning of year 2, and $3,300 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year 3 is ____..

  What is the companys current stock price

The XYZ Company just paid a dividend of D0 = $1.50 per share, and that dividend is expected to grow at a constant rate of 5.00% for the first 2 years and then 2% per year from year 3 till forever. The company's beta is 1.1, the expected market return..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd