Hudson Corporation will pay a dividend of $2.80 per share next year. The company pledges to increase its dividend by 4.90 percent per year indefinitely. |
If you require a return of 9.40 percent on your investment, how
much will you pay for the company's stock today? |
Multiple Choice
$59.73
$64.71
$18.67
$59.32
$62.22
In: Finance
1500 m^3/h of a gas mixture containing 20 mole% solute and rest inert enters the absorber at 250 K temperature and 106.6 kPa pressure to remove 80% of original solute. solute free water used for absorption contains 10 mole% solute when it leaves the tower at the bottom. calculate the solvent flow rate to tower.
In: Other
Your company has just announced a 7-percent price increase on your entire product line and you are meeting with your most important customer. She announces that your competitor has already been to see her and will not raise prices for at least 24 months. What do you do to keep the customer?
In: Operations Management
Examine the key reasons why a business may not want to hold too much or too little working capital. Provide examples that illustrate the consequences of either situation.
In: Finance
You have looked at the current financial statements for Reigle Homes, Co. The company has an EBIT of $2,850,000 this year. Depreciation, the increase in net working capital, and capital spending were $225,000, $90,000, and $415,000, respectively. You expect that over the next five years, EBIT will grow at 16 percent per year, depreciation and capital spending will grow at 21 percent per year, and NWC will grow at 11 percent per year. The company has $15,100,000 in debt and 345,000 shares outstanding. You believe that sales in five years will be $22,600,000 and the price-sales ratio will be 2.4. The company’s WACC is 8.5 percent and the tax rate is 21 percent.
What is the price per share of the company's stock? |
In: Finance
The McGee Corporation finds it is necessary to determine its marginal cost of capital. McGee’s current capital structure calls for 40 percent debt, 5 percent preferred stock, and 55 percent common equity. Initially, common equity will be in the form of retained earnings (Ke) and then new common stock (Kn). The costs of the various sources of financing are as follows: debt, 5.6 percent; preferred stock, 11.0 percent; retained earnings, 8.0 percent; and new common stock, 9.4 percent.
a. What is the initial weighted average cost of
capital? (Include debt, preferred stock, and common equity in the
form of retained earnings, Ke.) (Do not
round intermediate calculations. Input your answers as a percent
rounded to 2 decimal places.)
Weighted Cost | |
Debt | |
Preferred Stock | |
Common Equity | |
Weighted Average Cost of Capital | % |
b. If the firm has $22.0 million in retained
earnings, at what size capital structure will the firm run out of
retained earnings? (Enter your answer in millions of
dollars (e.g., $10 million should be entered as
"10").)
Capital Structure Size (X) _______ million
c. What will the marginal cost of capital be immediately after that point? (Equity will remain at 55 percent of the capital structure, but will all be in the form of new common stock, Kn.) (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
Marginal Cost of Capital ______%
d. The 5.6 percent cost of debt referred to
above applies only to the first $40 million of debt. After that,
the cost of debt will be 7.6 percent. At what size capital
structure will there be a change in the cost of debt?
(Enter your answer in millions of dollars (e.g., $10
million should be entered as "10").)
Capital Structure Size _____ million
e. What will the marginal cost of capital be immediately after that point? (Consider the facts in both parts c and d.) (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
Marginal Cost of Capital _____%
In: Finance
Why is it important for the researcher to control extraneous environmental and social variables in an experiment? How does a researcher do this?
what is the minimum number of IV conditions in an experiment?
What are experimental and control groups? Do all experiments have to have a control groups?
What are experimental and control groups? Do all experiments have to have a control group.
How can you tell if a variable can serve as an IV?
In: Psychology
A volume of 12.95 mL of 0.1080 M NaOH solution was used to titrate a 0.596 g sample of unknown containing K2HPO4.
a. What is the molecular mass of K2HPO4? (report answers to 4 or 5 significant figures)
b. What is the percent by mass of K2HPO4 in the unknown?
c. In this problem what mass of sample in grams would be needed to deliver about 22.00 mL in the next trial?
d. In the second trial above, exactly 0.996 g was transferred into a flask to be titrated. If the initial buret reading is 0.10 mL, predict what the final buret reading be.
In: Chemistry
class Node<V,P>
{
public V value;
public P priority;
public Node<V,P> next;
Node(V value, P priority)
{
this.value = value;
this.priority = priority;
}
}
class PriorityQueue<V,P>
{
private Node<V,P> head;
private Node<V,P> tail;
...
public void Enqueue(V value, P priority)
{
In: Computer Science
In: Operations Management
an investor paid $100,000 at time zero for a project to generate $40,000 per year for next 5 years with zero salvage value at the end of year 5 , calculate ROR and draw cumulative cash flow diagram
In: Economics
The table provides the prices of 5 zero-coupon bonds:
Maturity | Price per 100 of par |
1 | 96.9672 |
2 | 90.3364 |
3 | 80.7259 |
4 | 76.5899 |
5 | 64.0297 |
Determine the value of the annual effective forward rate applicable from time 2 to time 3.
A. 12.3%
B. 11.9%
C. 23.7%
D. 19.2%
E. 17.8%
In: Finance
Why is attitude so important to a successful closing? What are some aspects of a positive attitude that you believe contribute to success in closing (and in selling in general)
In: Operations Management
Recently there has been increased focus on efforts and effects of early social prevention measures. Statistically, what factor has the CDC reported to be most responsible for the decrease in pregnancy among teens from 1991 to now? Why might this be the case?
In: Nursing
sorting- Inversion Count for an array indicates
Language: c++
Your solution has to be O(n log n).
please write comments
*countinv.cpp*
// Count inversions - homework
// Based off of mergesort
#include <vector>
#include <algorithm> // For copy
using namespace std;
int mergeInv(vector<int>& nums, vector<int>& left, vector<int>& right) {
// You will need this helper function that calculates the inversion while merging
// Your code here
}
int countInv(vector<int>&nums) {
// Your code here
}
//test code
/* Count the number of inversions in O(n log n) time */
#include <iostream>
#include <vector>
using namespace std;
int countInv(vector<int>& numvec);
int main()
{
int n;
vector<int> numvec{4, 5, 6, 1, 2, 3};
n = countInv(numvec);
cout << "Number of inversions " << n << endl; // Should be 9
numvec = {1, 2, 3, 4, 5, 6};
n = countInv(numvec);
cout << "Number of inversions " << n << endl; // Should be 0
numvec = {6, 5, 4, 3, 2, 1};
n = countInv(numvec);
cout << "Number of inversions " << n << endl; // Should be 15
numvec = {0, 0, 0, 0, 0, 0};
n = countInv(numvec);
cout << "Number of inversions " << n << endl;; // Should be 0
}
*countinv_test.cpp*
/* Count the number of inversions in O(n log n) time */
#include <iostream>
#include <vector>
using namespace std;
int countInv(vector<int>& numvec);
int main()
{
int n;
vector<int> numvec{4, 5, 6, 1, 2, 3};
n = countInv(numvec);
cout << "Number of inversions " << n << endl; // Should be 9
numvec = {1, 2, 3, 4, 5, 6};
n = countInv(numvec);
cout << "Number of inversions " << n << endl; // Should be 0
numvec = {6, 5, 4, 3, 2, 1};
n = countInv(numvec);
cout << "Number of inversions " << n << endl; // Should be 15
numvec = {0, 0, 0, 0, 0, 0};
n = countInv(numvec);
cout << "Number of inversions " << n << endl;; // Should be 0
}
In: Computer Science