Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Langley Enterprises pays a constant dividend of $1.30 a share. The company announced today that it will continue to do this for another 2 years after which time it will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 7 percent?

1. $3.50
2. $2.60

3. $2.35

4. $2.12

5. $3.74

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M945004

Have any Question? 


Related Questions in Basic Finance

1 describe the route of a phone order a client calls to

1. Describe the route of a phone order? A client calls to enter an order, and the conversation goes as follows: 2. Who is responsible for the error? 3. A buy stop is entered at $280 in gold well before the open. (A buy s ...

According to an article in the wall street journal during

According to an article in the Wall Street Journal, during the last quarter of 2008, the Walt Disney Company "lost money on a fuel hedge for the company cruise line." Why would Disney want to undertake a fuel hedge? How ...

We are going through financial crisis seven years have

We are going through financial crisis. Seven years have passed and we are still in recovery stage. Based on the analysis in the class, can you suggest and elaborate an alternative way to deal with the financial crisis?

Briefly describe each of the following funds transfer

Briefly describe each of the following funds transfer mechanisms: a. Depository transfer check (DTC) b. Automated clearinghouse (ACH) debit transfer c. Wire transfer Why are wire transfers typically used only for high-do ...

1 what is the federal agency underwriting function and what

1. What is the federal agency underwriting function and what does it do for the mortgage market, and ultimately for the borrower? 2. Compare and contrast the two categories of bonds and how they differ from mortgage- bac ...

1 what is a pricing anomaly how might an investor use a

1. What is a pricing anomaly? How might an investor use a pricing anomaly to earn aboveaverage returns? 2. What is mean reversion? How might an investor use mean reversion to earn above-average returns? 3. What is excess ...

1 why is it not surprising to learn that growth rates

1. Why is it not surprising to learn that growth rates rarely show predictable trends? 2. The book value of a firm's common equity is usually lower than the market value of the common stock. Why? Can you describe a situa ...

An article in the wall street journal in early 2010 noted

An article in the Wall Street Journal in early 2010 noted: "Some small business owners say they could expand if they could just get a loan." Over the past 35 years, has making loans to small business become a more import ...

Discussionmiddot determine a key difference between

Discussion · Determine a key difference between a fee-for-service plan and an episode of care payment plan, and indicate the plan that you believe to be most advantageous for the majority of patients. Provide support for ...

Determine the mass transfer coefficient kc for the transfer

Determine the mass transfer coefficient, kc, for the transfer from a glucose sphere, 0.3 cm in diameter, which is sub merged in a 25°C aqueous stream flowing at a bulk velocity of 0.15 m/s. The mass diffusivity of glucos ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen