Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. sandata inc. recently paid its annual dividend of

SanData Inc. recently paid its annual dividend of $1.15. Dividends have consistently grown at a...

50.1K

Verified Solution

Question

Finance

image
SanData Inc. recently paid its annual dividend of $1.15. Dividends have consistently grown at a rate of 9%. You estimate that the stock has a required return of 14%. What is the intrinsic value of this stock? DO NOT ENTER THE $ SIGN. ALSO, ENTER YOUR ANSWER AS A POSITIVE NUMBER. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO TWO DECIMAL PLACES AT THE END. i.e. IF YOUR ANSWER IS 33.4348 ENTER IT AS 33.48 ONLY

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

Calculus
1.2K views

In Exercises 7-10, find the slope of the line passing through the pair of points....

Statistics
1.2K views

What is the optimal time for a scuba diver to be on the bottom of the...

Civil Engineering
1.2K views

What contribution might the weather data file make to the performance gap?

Accounting
1.2K views

Of all of the managerial accounting topics, which one(s) do you think you might use in...

Biology
1.2K views

If xenon has an atomic number of 54 and a mass number of 108 how...

Physics
1.2K views

40 electric field line if in the electric field of a source charge Q The...

Physics
1.2K views

Imp A red LED emits light at 0 1 watt uniformly around it The amplitude...

Basic Math
1.2K views

or 1 10 determine if set is a domain 1 Im z 2 Im z...

Basic Math
1.2K views

1 Find the radius of a circle which has a sector of area 15 square...

Statistics
1.2K views

A binomial experiment consists of 17 trials The probability of success on trial 10 is...

Accounting
1.2K views

on december 1, jasmin ernst organized ernst counseling. on december 3, the owner contributed 82,780...

Accounting
1.2K views

Each of the following independent events requises a year-end adjusting entry. o. Paid $9,900 cash...