Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. blasco just paid an annual dividend of $1.63 a sha

Blasco just paid an annual dividend of $1.63 a share. What is one share of this...

50.1K

Verified Solution

Question

Finance

Blasco just paid an annual dividend of $1.63 a share. What isone share of this stock worth to you if the dividends increase by 3percent annually and you require a rate of return of 14percent?

Answer & Explanation Solved by verified expert
4.3 Ratings (847 Votes)
Information providedAnnual dividend 163Dividend growth rate 3Required    See Answer
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

Transcribed Image Text

Blasco just paid an annual dividend of $1.63 a share. What isone share of this stock worth to you if the dividends increase by 3percent annually and you require a rate of return of 14percent?

Other questions asked by students

Q

1 The Earth is structured in layers: crust, mantle, and core. A recent study was conducted...

Statistics
Q

A solution containing 10.00 mL of 0.0500 M metal ion buffered to pH = 10.00 was...

Chemistry
Q

ch5 Research Methods THE IMPORTANCE OF BASELINES Let’s imagine what might happen if you don’t use a...

Psychology
Q

Explain the biggest challenge in maintaining a geothermal power plant.

Mechanical Engineering
Q

Question 2 2.1       A brass rod of 25 mm in diameter is enclosed in a steel tube....

Mechanical Engineering
Q

Let G be a group, and let a ? G be a fixed element. Define...

Advance Math
Q

5 What did Rosa Bonheur often depict in her paintings O A Animals in natural...

Biology
Q

At the Stop 'n Go tune-up and brake shop, the manager has found that an...

Basic Math
Q

Tutorial Exercise The length of a rectangle is increasing at a rate of 4 cm...

Calculus
Q

Totals $365,573 5 365,573 (a) Calculate the current ratio for Wilson Trucking (b) Assuming Spalding...

Accounting
Q

The Atlantic Medical Clinic can purchase a new computer system that will save $5,000 annually...

Accounting
Q

hitt hapter 7 1 Rework Table 7.4 for horizon years 1, 2, 3, and 10,...

Finance