What was the most recent dividend per share paid on t stock

Assignment Help Financial Management
Reference no: EM131062969

Feeback Corporation stock currently sells for $77 per share. The market requires a return of 9.2 percent on the firm’s stock. If the company maintains a constant 2.6 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

Reference no: EM131062969

Questions Cloud

MACRS accelerated method to depreciate the machine : Montilus Products Inc. is considering the purchase of a new machine, which will reduce manufacturing costs by $15,000 annually. Montilus will use the MACRS accelerated method to depreciate the machine (5-year MACRS class life),
Operating leverage at accounting break-even level of output : Consider a four-year project with the following information: initial fixed asset investment = $410,000; straight-line depreciation to zero over the four-year life; zero salvage value; Degree of operating leverage, What is the degree of operating leve..
Determine present worth index of the incremental investment : A mechanical engineer must recommend an A/C system to a commercial building owner. The owner intends to own the building for at least 10 years. A conventional split system has a design life of 10 years, a cost of $54,000, and annual operating costs o..
Why might the two alternatives offer different returns : Jim Lytle, a financial adviser, recommends that his clients invest in gold. Specifically, he is advising a client to invest $100,000 to purchase 175 ounces of gold bullion, with the expectation of holding the gold for a period of one year before sell..
What was the most recent dividend per share paid on t stock : Feeback Corporation stock currently sells for $77 per share. The market requires a return of 9.2 percent on the firm’s stock. If the company maintains a constant 2.6 percent growth rate in dividends, what was the most recent dividend per share paid o..
Create weighted average cost of capital-debt-equity ratio : A firm wants to create a weighted average cost of capital (WACC) of 7.2 percent. The firm's cost of equity is 10 percent and its pre-tax cost of debt is 8 percent. The tax rate is 34 percent. What does the debt-equity ratio need to be for the firm to..
Depreciated straight-line to zero over its six-year life : Your firm is contemplating the purchase of a new $636,000 computer-based order entry system. The system will be depreciated straight-line to zero over its six-year life. It will be worth $43,000 at the end of that time. If the tax rate is 30 percent,..
Sensitive is OCF to changes in quantity sold : Consider a three-year project with the following information: initial fixed asset investment = $710,000; straight-line depreciation to zero over the four-year life; zero salvage value; price = $34.75; variable costs = $22.90; fixed costs = $213,500; ..
Dollar-denominated assets-the foreign exchange markets : The 12-month interest rate on dollar-denominated assets (like bank deposits) is 5.00%. The 12-month interest rate on euro-denominated assets is 2.50%. The current spot exchange rate is $1.20 per €. Explain what you should do today on the foreign exch..

Reviews

Write a Review

Financial Management Questions & Answers

  What stock price would you consider appropriate

The Perfect Rose Co. has earnings of $2.35 per share. The benchmark PE for the company is 21. What stock price would you consider appropriate?

  How much capital remains at the end of five years

A loan of 100,000 is payable over five years with monthly payments of 60,000 commencing one month after the inception date. The loan repayment is 2,000 per month and the nominal rate 10 per cent. How much capital remains at the end of five years? If ..

  What is the inventory conversion period

Suppose that sales for the entire yr were 200,000 and the cost of goods sold 60% of sales. The Inventory Balance is 10,000, the accounts payable Balance is 5,000 and the cash conversion cycle is 50 days. What is the inventory conversion period?

  Analyzing the capital requirements

Kendra Brown is analyzing the capital requirements for Reynolds Corporation for next year. Kendra forecasts that Reynolds will need $25 million to fund all of its positive-NPV projects, and her job is to determine how to raise the money. The company’..

  Home equity line of credit-tax-deductible meaning

A home equity line of credit (HELOC) is, loosely speaking, like a credit card for your home. You can borrow money by drawing down on the line of credit. But, because the borrowed money is for the purpose of your home, the interest is tax-deductible m..

  What are the annual carrying costs of post card inventory

Post Card Depot, an large retailer of post cards, orders 3,361,530 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 19 times over the next year. What are the annual carrying costs of post card inventory

  Capita spending on health care

As of 2015, per capita spending on health care in the United States was about $9000. If this amount increased by 5 percent a year, what would be the amount per capita spending for health care in 12 years?

  What will value of firm be if company takes on debt equal

Cavo Corporation expects an EBIT of $26,550 every year forever. The company currently has no debt, and its cost of equity is 14 percent. The corporate tax rate is 35 percent. A What is the current value of the company? What will the value of the firm..

  Fixed operating costs and variable costs

DeLong Inc. has fixed operating costs of $470,000, variable costs of $2.80 per unit produced, and its products sell for $4.00 per unit. What is the company's breakeven point, i.e., at what unit sales volume would income equal costs?

  Why common stock investor demands higher dividend rate

There are two primary means to earn income as a stockholder. The first method is dividend income and the second method is earnings from capital gains. Discuss the dividend payment requirements of a common stock versus preferred stock, in terms of whi..

  Makes interest payments on a semiannual basis

The Market price is $775 for a 9-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5 percent semiannually). What is the bond's yield to maturity?

  What is the underlying asset for option

What kind of an option is this, in terms of the three investment project options we discussed (timing, follow-on, abandon)? Why - Is this like a put option or like a call option?

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