A firms most recent annual dividend was $1.50 per share. Over the next two years, the...

A firms most recent annual dividend was $1.50 per share. Over the next two years, the dividend is expected to grow at 12% per year, and then slow to a constant rate of 7% thereafter. If your required rate of return is 10% what is the value of the stock?

$78.06
$58.55
$86.28
$54.59
None of the above

The Company has 100 million shares outstanding, paid an annual dividend of $0.25 per share to its common stockholders, and has a 40% marginal tax rate. The firm earned revenues of $800 million, had cash operating expenses of $300 million, paid interest expense of $15 million. What is the company's earnings per share?

$3.00
$2.91
$1.10
$1.40
None of the above

Expert Solution

Answer for first:- $58.55

Answer for Second:- $2.91

Explanation:-

jeff jeffy answered 2 years ago

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