Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a corporation just paid a dividend of $1.25 per sh

A Corporation just paid a dividend of $1.25 per share, and that dividend is expected...

50.1K

Verified Solution

Question

Finance

A Corporation just paid a dividend of $1.25 per share, and that dividend is expected to grow at a constant rate of 3.00% per year in the future. The companys beta is 1.45,the market risk premium is 7.50%, and the risk-free rate is 4.00%. What is the companys current stock price

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Dr. Bueller recently overheard a few of his colleagues discussing possible investments in the international marketplace. Wanting...

Finance
Q

what is a moving average?

Statistics
Q

Smitley and Davis studied the changes in gypsy moth egg mass density over one generation as...

Basic Math
Q

Meiosis is a process that can generate nearly infinite variation from a single source of genes,...

Biology
Q

Other then a COUNTERFEIT DETECTION PEN , HOW chemistry is being used in money detection and...

Chemistry
Q

What are some lean applications you can use in a medical facility? Explain…

General Management
Q

25 Give the size and direction of the phase shift of the second equation relative...

Calculus
Q

EXERCISE 6-1. Explain how the allocation process can make a fixed cost appear variable, leading...

Accounting
Q

these answers are wrong 12,000 units of component DA each year. The cost per...

Accounting
Q

Since your birthday, your mother has been depositing $50 into a savings account every month...

Accounting
Q

Question 13 (1 point) The Eurocurrency market: Is a market for assets denominated in currencies...

Finance
Q

Question 2 Marked out of 4.00 On January 1, 20x1, Elite Company purchased equipment with...

Accounting