Franktown motors is expected to have an ebit of $2.2 million next year. depreciation, the increase in net working capital, and capital spending are expected to be $158,000, $92,000, and $114,000, respectively. all are expected to grow at 15 percent per year for four years. the firm currently has $12 million in debt and 750,000 shares outstanding. after year 5, the adjusted cash flow from assets is expected to grow at 2.5 percent indefinitely. the company's wacc is 8.7 percent and the tax rate is 34 percent. what is the price per share of the company's stock?

What is the sequence of events that could lead to trade surplus

An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to:

Type of deposit reserve requirementcheckable deposits $7.8 - 48.3 million 3%over $48.3 million 10noncheckable personal savings and time deposits 0refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its required reserves are$1.2 million.