What is the current share price

Assignment Help Finance Basics
Reference no: EM13303665

Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.70, $16.70, $21.70, and $3.50. Afterwards, the company pledges to maintain a constant 5.50 percent growth rate in dividends, forever.

If the required return on the stock is 9 percent, what is the current share price?

 

Reference no: EM13303665

Questions Cloud

Explain the project manuals for python and java : Overview: Understand TCP socket programing by developing a (multi-threaded) Web server. You may use Python, Java, or C++ as the programing language. The project manuals for Python and Java are attached to this document, which have provided partial..
Discuss the budgeting process : It is time for the annual budgeting process at your call center company. To kick-off the process, all the department managers and the plant accountant are meeting to discuss the budgeting process.
What is the current share price : Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.70, $16.70, $21.70, and $3.50. Afterwards, the company pledges to maintain a constant 5.50 percent growth rate in dividends, forever.
What is capacity of highway section and speed at capacity : a section of highway has the following flow- density relationship: q= 50k - 0.156k^2 what is the capacity of the highway section, the speed at capacity, and the density when the highway is at one-quarter of its capacity
What is the current share price : Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.70, $16.70, $21.70, and $3.50. Afterwards, the company pledges to maintain a constant 5.50 percent growth rate in dividends, forever.
Which of the two companies he will buy : He is trying to decide which of the two companies he will buy. Tobacco Company of America's cost of capital is 10 percent.
Determine the speed for the free flow speed of a highway : a section of highway has a speed flow relationship of the form q= au^2 + bu it is known that at capacity ( which is 3100 veh/h) the space-menu speed of traffic is 28 mi/h. determine the speed when the flow is 1500 veh/h and the free flow speed.
How much would a municipal bond have to pay to be equivalent : How much would a municipal bond have to pay to be equivalent to this on an after-tax basis if you are in the 28 percent tax bracket?
Find what is the space-mean speed of the traffic at capacity : on a specific westbound section of highway studies show that the speed-density relationship is u= uf [1-(k/kf)^3.5] It is known that the capacity is 4200 veh/h and the jam density is 210 veh/mi.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the company net working capital

The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, short term notes payable worth $1,151,663 and other current assets of $121,455. What ..

  Explain what is the alpha for the fad followers

Explain what is the alpha for the fad followers and provide your answer as a percentage to two decimal places

  What is the difference between gdp and ni

What is the difference between GDP and NI? How has NI changed since 2008? What caused these changes?

  Process for distribution policy and dividend policy

Discuss all the factors that influence this decision process in question. * From the e-Activity, contrast the differences between a stock dividend and a stock split. Imagine that you are a stockholder in a company.

  What is the annual reporting period for this company

At year end employees earned wages of $7,000 which will be paid on the next payroll date, January 6 2012.

  Calculate india average annual growth rate of prices

Calculate India's average annual growth rate of prices over the decade.

  Calculate the down payment value

Suppose you want to purchase a Car that costs $40,000. You want to finance as much of the purchase as possible with a 5-year bank loan at 12 percent compounded monthly,

  How many units should the company produce

The company keeps a 25% of unit sales for each month in ending inventory. The beginning inventory for the coming month was 1,500 units. How many units should the company produce in the coming month.

  What are the firm income tax liability

What are the firm's income tax liability and its after-tax income? What are the company's marginal and average tax rates on taxable income?

  What is the required risk-adjusted return on the project

The required investment outlay on the project is $4500. What is the required risk-adjusted return on the project? Should the project be purchased?

  What sequencing rule do you recommend and why

Compute the average flow time, tardiness, and lateness for the following sequences: SPT sequence, EDD sequence, and sequence B-A-E-C-D

  Briefly describe what happens in foreign exchange markets

Briefly describe what happens in foreign exchange markets. The spot Yen/$US exchange rate is Yen119.795/$US, and the one-year forward rate is Yen114.571/$US. If the annual interest rate on dollar CDs is 6%, what annual interest rate would you expe..

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