Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Net income - 3,200,000
Current stock price is $33 per share
4,000,000 in net income for next year is forecast, expect to issue 300,000 new shares of stock (raising its shares outstanding from 1,500,000 to 1,800,000). If our forecast turns out to be right, and it's price/earnings (P/E) ratio does not change, our stock price one year from now could be $35.48?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M928412

Have any Question? 


Related Questions in Basic Finance

Last year hamdi corp had sales of 500000 operating costs of

Last year Hamdi Corp. had sales of $500,000, operating costs of $450,000, and year-end assets of $350,000. The debt-to-total-assets ratio was 17%, the interest rate on the debt was 7.5%, and the firm's tax rate was 35%. ...

In 1803 the us doubled in size with the louisiana purchase

In 1803, the U.S. doubled in size with the Louisiana Purchase. That well-known real estatemogul Napoleon Bonaparte sold us 827,000 square miles (529,280,000 acres-there are 640 acresin a square mile). We paid $15 million ...

Impact of the money supply should increasing money supply

Impact of the Money Supply: Should increasing money supply growth place upward or downward pressure on interest rates?

Assignment1 describe the role that the winners curse may

Assignment 1. Describe the role that the "winner's curse" may play in the underpricing of IPOs. 2. a. Does a rights offer cause a share price decrease? Why or why not? b. How are existing shareholders affected by a right ...

Companies are generally financed with a mix of debt and

Companies are generally financed with a mix of debt and equity. How does the riskiness of the company as perceived by the financial market change as the mix shifts from all equity to mostly debt? Why? Would changes in pe ...

Six different second year medical students at bellevue

Six different second year medical students at Bellevue hospital measured the blood pressure of the same person. The systolic readings (in mmHg) are listed below. Find the range, variance, and standard deviation for the g ...

The mental development index mdi of the bayley scales of

The Mental Development Index (MDI) of the Bayley Scales of Infant Development is a standardized measure used in longitudinal follow-up of high-risk infants. The scores on the MDI have approximately a normal distribution ...

Please answer the following questions1 find the required

Please answer the following questions: 1. Find the required return for a stock, given that the current dividend is $2.75 per share, the dividend growth rate is 6.5 percent, and the stock price is $105.00 per share. 2. A ...

A loan is offered with monthly payments and a 1625 percent

A loan is offered with monthly payments and a 16.25 percent APR. What's the loan's effective annual rate (EAR)? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

An investor has two bonds in her portfolio bond c and bond

An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 8.4%. Bond C pays a 10% annual coupon, while Bond Z is a zero coupon ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate