Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. amalgamated industries just paid a dividend of $0.

Amalgamated Industries just paid a dividend of $0.80 per share. Dividends are expected to grow...

50.1K

Verified Solution

Question

Finance

Amalgamated Industries just paid a dividend of $0.80 per share. Dividends are expected to grow at 5% per year indefinately. If investor's have a required return of 12.5%, how much should the stock sell for?

Question 3 options:

$11.20

$10.67

$6.40

$5.78

$6.72

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

General Management
1.2K views

Define the following four terms in your own words, and describe how they relate to learning:...

Biology
1.2K views

How does a scientific theory differ from a scientific hypothesis?Theories are general questions, hypothesis are...

Physics
1.2K views

20 What kind of circuit is shown here 9 ohms 6 ohms series circuit parallel...

Physics
1.2K views

A square gate of size 1 mx 1 m is hinged at its mid point...

Physics
1.2K views

Figure shows a uniform magnetic field B normally into the paper If the charge q...

Geometry
1.2K views

Points A and B lie on a circle centered at point O. If length of...

Basic Math
1.2K views

Solve the following triangle Round answers to the nearest hundredth M 51 37 m

Accounting
1.2K views

11. Gonyo Inc., which produces and sells a single product, has provided the following contribution...

Accounting
1.2K views

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified...

Accounting
1.2K views

Please solve this for me: Becton Labs, Inc., produces various chemical compounds for industrial...

Accounting
1.2K views

Base Line, Inc. makes tennis balls. The company can produce up to 500,000 cans of...

Accounting
1.2K views

taksimentMandoliverBakeAssignmentSessionLocatori progresse Book 4 Show Me How Omce 365 From Dividends per share Lightfootine, software...