Asonia Co. will pay a dividend of $4.60, $8.70, $11.55, and $13.30 per share for each of the next four years, respectively. The company will then close its doors. If investors require a return of 10.8 percent on the company's stock, what is the stock price

$28.55

Explanation:

From the question, we are told that Asonia Co. will pay a dividend of $4.60, $8.70, $11.55, and $13.30 per share for each of the next four years, respectively and that the investors require a return of 10.8 percent on the company's stock.

The stock price will be calculated as:

= $4.60/(1 + 0.108) + $8.70/(1 + 0.108)^2 + $11.55/(1 + 0.108)^3 + $13.30/(1 + 0.108)^4

= $28.55

Therefore, the stick price is $28.55

cash flow statement possibly

the correct answer is - no.

winnipeg, canada, is not further away from the equator than moscow, russia, in fact moscow is the city that is further away from the equator. moscow is on a latitude of 55.7558° north, while winnipeg is on a latitude of 49.8951° north, thus putting moscow by 5.8607° further away from the equator than winnipeg is.