What was most recent dividend per share paid on stock

Assignment Help Financial Management

Reference no: EM131318788

Teder Corporation stock currently sells for $40 per share. The market requires a 14 percent return on the firm's stock.

Required :

If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

$2.51

$4.72

$2.80

$2.62

$8.47

Reference no: EM131318788

Questions Cloud

Issues zero coupon bonds on the market : Atlantis Fisheries issues zero coupon bonds on the market at a price of $438 per bond. These are callable in 6 years at a call price of $630. Using semiannual compounding, what is the yield to call for these bonds? (Do not round intermediate calculat..

Violation of the exchanges position limit : The following are four customer accounts. Which accountd are in violation of the exchanges position limit which is equal to 75,000 contracts for XYZ? Please explain

What is the firm after-tax component cost of debt : Bond Yield and After-Tax Cost of Debt A company's 7% coupon rate, semiannual payment, $1,000 par value bond that matures in 20 years sells at a price of $638.55. The company's federal-plus-state tax rate is 40%. What is the firm's after-tax component..

Calculate the next expected dividend per share : Cost of Equity Radon Homes's current EPS is $6.16. It was $4.07 5 years ago. The company pays out 55% of its earnings as dividends, and the stock sells for $34. Calculate the historical growth rate in earnings. Calculate the next expected dividend pe..

What was most recent dividend per share paid on stock : Teder Corporation stock currently sells for $40 per share. The market requires a 14 percent return on the firm's stock. If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the st..

Bill plans to open self-serve grooming center in storefront : Bill plans to open a self-serve grooming center in a storefront. The grooming equipment will cost $480,000, to be paid immediately. Bill expects aftertax cash inflows of $103,000 annually for eight years, after which he plans to scrap the equipment a..

What is the bond price : Mur Corps bonds mature in 8 years, with a par value of $1,000, and an annual coupon rate of 6.5% The market requires an interest rate of 8.2% on these bonds. What is the bond's price?

Assume interest payments are on an annual basis : For the bond problem, assume interest payments are on an annual basis. Kilgore Natural Gas has a $1,000 par value bond outstanding that pays 9 percent annual interest. The current yield to maturity on such bonds in the market is 12 percent. Compute t..

What is the annual yield to maturity : Evans Emergency Response bonds have six years to maturity. Interest is paid semiannually. The bonds have a $1,000 par value and a coupon rate of 8 percent. If the price of the bond is $1,073.55, what is the annual yield to maturity?

User Account

All Pages