Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company's current stock price is $84.70 and it i

A company's current stock price is $84.70 and it is likely to pay a $3.70...

70.2K

Verified Solution

Question

Accounting

A company's current stock price is $84.70 and it is likely to pay a $3.70 dividend next year. Since analysts estimate the company will have a 12% growth rate, what is its expected return?4.37%

4.14%

16.37%

12.00%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

100 The output X of the logic circuit shown in figure will be mo RAINEET...

Basic Math
1.2K views

Two ships leave the same port at noon. Ship A sails north at 14 mph, and...

Statistics
1.2K views

The Tinyton Public School Board is taking bids on the city’s four school bus routes. Four...

Physics
1.2K views

You are the manager of a 40 head broodmare farm. The mare’s average weight is 1,000...

Advance Math
1.2K views

Explain if the set below is a vector space given standard operations. The set of all even...

Psychology
1.2K views

Read the following description:The largest organization of psychologists in the worldWhich of the following organizations...

Physics
1.2K views

A rod AB of length L and mass M is free to move on a...

Physics
1.2K views

Peter saw Lara Jean running on the school's track field. He accelerates from rest to...

Accounting
1.2K views

Allison is paid $975 per week. What is the amount of federal income tax withheld...

Accounting
1.2K views

S 730 310 Selling price per unit Variable cost per unit Total fixed costs Income...

Accounting
1.2K views

El 1 de noviembre de 2019, una empresa acept un pagar a 5 meses al...

Accounting
1.2K views

Which of the following is/are always true about wills? I. A will transfers all of...