In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five years or so, then find the "terminal" stock price using a benchmark pe ratio. suppose a company just paid a dividend of $1.75. the dividends are expected to grow at 21 percent over the next five years. in five years, the estimated payout ratio is 35 percent and the benchmark pe ratio is 33. a. what is the target stock price in five years? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. what is the stock price today assuming a required return of 11.5 percent on this stock? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Does a pipe fitter need to go to college

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.