subject
Business, 04.08.2021 22:00 KillerV

JBK, Inc. normally pays an annual dividend. The last such dividend paid was $2.80, all future dividends are expected to grow at 6 percent, and the firm faces a required rate of return on equity of 11 percent. If the firm just announced that the next dividend will be an extraordinary dividend of $17.30 per share that is not expected to affect any other future dividends, what should the stock price be

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:30
From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?
Answers: 1
question
Business, 22.06.2019 20:50
Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?
Answers: 1
question
Business, 22.06.2019 22:00
Retail industry fundamentals credential exam,part 1 all answers
Answers: 3
question
Business, 23.06.2019 02:10
Make or buy eastside company incurs a total cost of $120,000 in producing 10,000 units of a component needed in the assembly of its major product. the component can be purchased from an outside supplier for $11 per unit. a related cost study indicates that the total cost of the component includes fixed costs equal to 50% of the variable costs involved. a. should eastside buy the component if it cannot otherwise use the released capacity? present your answer in the form of differential analysis. use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers. cost from outside supplier $answer variable costs avoided by purchasing answer net advantage (disadvantage) to purchase alternative $answer b. what would be your answer to requirement (a) if the released capacity could be used in a project that would generate $50,000 of contribution margin? use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers.
Answers: 2
You know the right answer?
JBK, Inc. normally pays an annual dividend. The last such dividend paid was $2.80, all future divide...
Questions
question
Mathematics, 04.07.2019 17:00
Questions on the website: 13722363