Nahanni treasures corporation is planning a new common stock issue of five million shares to fund a new project. the increase in shares will bring the number of shares outstanding to 25 million. nahanni's long-term growth rate is 6 percent, and its current required rate of return is 12.6 percent. the firm just paid a $1.00 dividend, and the stock sells for $16.06 in the market. on the announcement of the new equity issue, the firm's stock price dropped. nahanni estimates that the company's growth rate will increase to 6.5 percent with the new project, but as the project is riskier than average, the firm's required return on stock will increase to 13.5 percent. using the constant growth dividend discount model, what is the change in the equilibrium stock price

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer