What is the price per share of the company stock

Assignment Help Basic Computer Science
Reference no: EM132184984

Ward Corp. is expected to have an EBIT of $2,000,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $167,000, $89,000, and $117,000, respectively. All are expected to grow at 16 percent per year for four years. The company currently has $14,000,000 in debt and 820,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3.0 percent indefinitely. The company's WACC is 8.2 percent and the tax rate is 40 percent.

What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Share price           $

Reference no: EM132184984

Compute the power of this test

Derive an expression for power like Equation 8.2 for the alternative hypothesis HA: μ 0. Consider H0: θ = 1/2 versus HA: θ = 1/4.

Understand the definition of np

Remarks: For this question, it is important to understand the definition of NP, and the definitions of some of the standard NP-complete problems (Vertex Cover, Set Cover, In

Effective measure of living standards

1. What economic factors are taken into account when measuring GDP? 2. What makes GDP an effective measure of living standards? 3. How might quality-of-life measures be determ

Create incident response policy for development of response

Create the incident response policy which covers the development of incident response team, disaster recovery process and business continuity planning.

Forensics investigation trainee at two way communications

In this course, you will assume the role of a forensics investigation trainee at Two Way Communications, a telecommunications company. You will conclude your training period

How far does the trailing edge of the bit lag behind

Suppose you have a 5Mbps access link (cable or DSL); what is the length of a bit on that link? That is, how far does the trailing edge of the bit lag behind the leading edge

Instruction format for a modified little man computer

Suppose that the instruction format for a modified Little Man Computer requires two consecutive locations for each instruction. The high-order digits of the instruction are

Write a polynomial function to model the set of data

An airplane flies at an air speed of 425 mph on a heading due south. It flies against a headwind of 50 mph from a direction 30° east of south. Find the airplane's ground spe


Write a Review

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