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

  What is the size of the quality spread differential

Firm A and Firm B need to raise $100,000,000 of debt to pay for their projected capital expenditures. Firm A is a blue chip company with a high credit rating in the corporate debt market. It can borrow funds at either 10.75% fixed rate or at LIBOR + ..

  While checking the wall street journal bond listings

While checking the Wall Street Journal bond listings you notice that the price of an AT&T bond is the same as the price of a K-Mart bond. Based on this information you know that

  What action on part of nordens central bank will be required

How would this change in the real exchange rate affect trade between the two countries and what actions on the part of Norden's central bank will be required to maintain an exchange rate in the target range?

  Straight line method over the project life

Mars, Inc. is considering the purchase of a new machine which will reduce manufacturing costs by $5,000 annually. The company will depreciate the cost of the new machine using the straight line method over the project life and it expects to sell the ..

  Alongside general services managers

Financial managers may work alongside general services managers to address certain measures of liquidity. How might a financial manager and the department administrator for your chosen capital investment plan work together to make an effort on red..

  What is the projects payback period

A project has an initial cost of $59,675, expected net cash inflows of $12,000 per year for 9 years, and a cost of capital of 12%. What is the project's payback period? Round your answer to two decimal places

  What is the maximum number of new shares of common stock

Aspin Corporation’s charter authorizes issuance of 2,900,000 shares of common stock. Currently, 1,200,000 shares are outstanding, and 400,000 shares are being held as treasury stock. The firm wishes to raise $104,500,000 for a plant expansion.

  Effectiveness of any compensation system to attract

The effectiveness of any compensation system to attract, retain and align employee behavior and performance with the objectives of the enterprise is dependent upon management credibility. If you were advising a CEO on steps he or she could take to en..

  What is the present value per year

What is the present value of $1,100 per year, at a discount rate of 10 percent if the first payment is received 6 years from now and the last payment is received 30 years from now?

  Explain to him the significant tax and nontax issues

One of your best individual clients is thinking about starting up a new business, and he is seeking your advice on which business form he should select. In particular, he's trying to decide whether to operate the business as a partnership or a C corp..

  What is the firms cost of debt

A firm has a weighted average cost of capital of 10.295 percent and a cost of equity of 14.7 percent. The debt-equity ratio is 0.75. Tax rate is 32%. What is the firm's cost of debt? Sabrina's just paid an annual dividend of $0.88 per share. This div..

  Repay the loan in two equal monthly instalments

Chatterton Company has obtained a $75,000 short-term loan from the bank with the understanding that Chatterton will repay the loan in two equal monthly instalments of $38,250 each. The first instalment is due after 30 days, and the second after 60 da..

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