Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. the absolute finance company earned $5 a share las

the absolute finance company earned $5 a share last year and paid a dividend of...

60.1K

Verified Solution

Question

Finance

the absolute finance company earned $5 a share last year and paid a dividend of $2 per share. next year you expect afc to earn $6 a share next year and continue its payout ratio. assume that you expect to sell the stick for $45 a year from now. if you require a 13 percent share on this stock how much would you be willing to pay for it.

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

Biology
1.2K views

Which of the following statements concerning glyceraldehyde 3 phosphate is FALSE a Two molecules of...

Physics
1.2K views

Q3 What are the necessary conditions for equilibrium of the object shown in Figure If...

Basic Math
1.2K views

The equations of two conics are given below Choose the correct classification for each and...

Basic Math
1.2K views

f(v) is the total revenue from the sale of v sofas. Which of the following...

Basic Math
1.2K views

A cannonball was fired during the Battle of Muizenberg. The function h(t) = - 16t...

Calculus
1.2K views

What is one solution to the trigonometric equation siny cosy O in the intervallo 212

Accounting
1.2K views

Jay, Incorporated, a party rental business, completed its third year of operations on December 31....

Accounting
1.2K views

Please solve the attached question and show method for solution. Happy, Inc., has...

Finance
1.2K views

Previous Problem Problem List Next Problem Kyle invests in an account earning 7% interest compounded...

Finance
1.2K views

please read above data and answer Q.9 and Q.10 ASAP... I'll give you up thumb...

Accounting
1.2K views

Discuss four ways that an accountant is often involved with the AIS acquisition

Finance
1.2K views

Pamplin, Inc. Balance Sheets Assets 2012 2013...