Question
In: Finance
Miles Hardware has an annual cash dividend policy that raises the dividend each year by 11%....
Miles Hardware has an annual cash dividend policy that raises the dividend each year by 11%. Last year's dividend, Div0, was $1.50 per share. Investors want a return of 17% on this stock. What is the stock's price if
a. the company will be in business for 5 years and not have a liquidating dividend?
b. the company will be in business for 15 years and not have a liquidating dividend?
c. the company will be in business for 30 years and not have a liquidating dividend?
d. the company will be in business for 50 years and not have a liquidating dividend?
e. the company will be in business for 90 years and not have a liquidating dividend?
f. the company will be in business forever?
Solutions
jeff jeffy answered 5 months agoRelated Solutions
Miles Hardware has an annual cash dividend policy that raises the dividend each year by 12%....
Miles Hardware has an annual cash dividend policy that raises
the dividend each year by 12%. Last year's dividend, Div0, was
$1.70 per share. Investors want a return of 16% on this stock.
What is the stock's price if
a.the company will be in business for 10 years
and not have a liquidating dividend?
b.the company will be in business for 20 years
and not have a liquidating dividend?
c.the company will be in business for 25 years
and not...
Miles Hardware has an annual cash dividend policy that raises the dividend each year by 10%....
Miles Hardware has an annual cash dividend policy that raises
the dividend each year by 10%. Last year's dividend, Div 0, was
$ 1.50 per share. Investors want a return of 18% on this stock.
What is the stock's price if
a. the company will be in business for 10 years and not have a
liquidating dividend?
b. the company will be in business for 20 years and not have a
liquidating dividend?
c. the company will be in business...
Miles Hardware has an annual cash dividend policy that raises the dividend each year by 12%....
Miles Hardware has an annual cash dividend policy that raises
the dividend each year by 12%. Last year's dividend, Div0, was
$1.50 per share. Investors want a return of 17% on this stock. What
is the stock's price if
a. the company will be in business for 5 years
and not have a liquidating dividend? $________ (Round to the
nearest cent.)
b. the company will be in business for 15 years
and not have a liquidating dividend? $________ (Round to...
MMM Inc. has an annual cash dividend policy that raises the dividend each year by 14.00%....
MMM Inc. has an annual cash dividend policy that raises the
dividend each year by 14.00%. Last year's dividend was $2.50per
share. Investors want a 17% return on this stock. What is the
price today of this stock if the company will be in business for
five years and not have a liquidating dividend (there is no
selling price - stock simply cease to exist with no value
then)?
The price of this stock today is $____
MMM Inc. has an annual cash dividend policy that raises the dividend each year by 14.00%....
MMM Inc. has an annual cash dividend policy that raises the
dividend each year by 14.00%. Last year's dividend was $2.50per
share. Investors want a 17% return on this stock. What is the
price today of this stock if the company will be in business for
five years and not have a liquidating dividend (there is no
selling price - stock simply cease to exist with no value
then)?
The price of this stock today is $____
King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5...
King Waterbeds has an annual cash dividend policy that raises
the dividend each year by 5 %. The most recent dividend, Div 0 ,
was $ 0.35 per share. What is the stock's price if
a. an investor wants a return of 7 %?
b. an investor wants a return of 10 %?
c. an investor wants a return of 11 %?
d. an investor wants a return of 14 %?
e. an investor wants a return of 18 %?
King Waterbeds has an annual cash dividend policy that raises the dividend each year by 44%....
King Waterbeds has an annual cash dividend policy that raises
the dividend each year by 44%. The most recent dividend, Div0,
was $0.40 per share. What is the stock's price if
a. an investor wants a return of 7%?
b. an investor wants a return of 10%?
c. an investor wants a return of 11%?
d. an investor wants a return of 15%?
e. an investor wants a return of 19%?
Pfender Guitars has a current annual cash dividend policy of $5.00. The price of the stock...
Pfender Guitars has a current annual cash dividend policy of
$5.00. The price of the stock is set to yield a return of 9%. What
is the price of this stock if the dividend will be paid
a. for 10 years and then the company repurchases the stock for
$30?
b. for 13 years and then the company repurchases the stock for
$30?
c. for 40 years and then the company repurchases the stock for
$30?
d. for 60 years...
Singing Fish Fine Foods has a current annual cash dividend policy of $2.00. The price of...
Singing Fish Fine Foods has a current annual cash dividend
policy of $2.00. The price of the stock is set to yield a return of
14%. What is the price of this stock if the dividend will be
paid for:
A) 12 years?
B) 15 years?
C) 40 years?
D) 50 years?
E) 100 years?
F) Forever?
Singing Fish Fine Foods has a current annual cash dividend policy of $3.50. The price of...
Singing Fish Fine Foods has a current annual cash dividend
policy of $3.50. The price of the stock is set to yield a return
of 12 %. What is the price of this stock if the dividend will be
paid a. for 10 years? b. for 16 years? c. for 42 years?
d. for 50 years? e. for 100 years? f. forever?
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