What is the stock current value per share

Assignment Help Financial Management

Reference no: EM132009882

Tresnan Brothers is expected to pay a $1.1 per share dividend at the end of the year (i.e., D1 = $1.1). The dividend is expected to grow at a constant rate of 10% a year. The required rate of return on the stock, rs, is 15%. What is the stock's current value per share? Round your answer to two decimal places.

Reference no: EM132009882

Questions Cloud

Which investment has higher present value : You are offered the choice between two investments. Which investment has a higher present value if the discount rate is 5%?

Does prejudice against visible minorities play : Please help me understand why or why not? Does prejudice against visible minorities play a role in the assessment of immigrants' qualifications

Summarize and explain rowes argument : Do you agree with Rowe that it seems unlikely that all instances of intense human and animal suffering lead to greater goods?

Trying so hard to make a good impression : Is detecting a bad fit for your friend possible when the date is trying so hard to make a good impression.

What is the stock current value per share : The required rate of return on the stock, rs, is 15%. What is the stock's current value per share?

How much cash is distributed to each partner : The partnership then distributes all cash to the partners and liquidates at the end of the first year. How much cash is distributed to each partner

What is the appropriate value of the futures price : Current value of the index is $1,300 and interest rate is 5% per year compounded continuously. What is the appropriate value of the futures price?

Brainstorm a list of ideas and check : Your friend is dating someone new and you want to figure out whether this person is a good match. Brainstorm a list of ideas and check whether

What are the three ethical decision criteria : Organizational Behavior and Theory ,Robbins/Judge, 16th edition . Course of study Organizational Theory and Behavior . The subject is Organizational Theory.

User Account

All Pages