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nadya68 [22]
2 years ago
12

Keidis Industries will pay a dividend of $3.55, $4.65, and $5.85 per share for each of the next three years, respectively. In fo

ur years, you believe that the company will be acquired for $53.00 per share. The return on similar stocks is 9.9 percent. What is the current stock price?
Multiple Choice

$61.72

$53.63

$51.10

$47.45

$47.82
Business
1 answer:
german2 years ago
8 0

Answer:

price = $47.82

Explanation:

Find the present value of each dividend at the required rate of return and sum them up to get the current price;

PV = FV /(1+r)^n

PV(D1) = 3.55/ (1.099^1) = 3.2302

PV(D2) = 4.65/ (1.099^2) = 3.8500

PV(D3) = 5.85 / (1.099^3) = 4.4072

PV(Price at t=4) = 53 / (1.099^4) = 36.3316

Price = 3.2302+2.9392+4.4072+36.3316

= 47.81897

Therefore, price = $47.82

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XARA is a newly emerging wine company. After extensive market research, XARA divides its market into wine enthusiasts, casual dr
PilotLPTM [1.2K]

Answer: segmentation

Explanation:

Market segmentation is when a business market that is made up of different customers is being divided, into smaller groups or segments based on some characteristics.

From the question, we are informed that XARA is a newly emerging wine company. After extensive market research, XARA divides its market into wine enthusiasts, casual drinkers and restaurants. Each category has its own needs, traits and marketing goals. In this scenario, XARA is using market segmentation.

4 0
1 year ago
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $77.152 million Cash of $6.030 millio
jonny [76]

Answer:

$45.027 million

Explanation:

The accounting equation shows the relationship between the various elements of the balance sheet. These are the assets, liabilities and equity. It is given as

Assets = Liabilities + Equity

The owner's equity is made up of the common stock and retained earnings (which is the net income less dividend paid over the period).

Equity = $125.989 million - $77.152 million

= $48.837  million

Retained earnings = Equity - Common stock

= $48.837  million - $3.810 million

= $45.027 million

Digby Corporation's retained earnings is $45.027 million

5 0
1 year ago
Leo received $7,500 today and will receive another $5,000 two years from today. He will invest these funds when he receives them
alekssr [168]

Answer:

Value of Investment= Principal (1+Rate of return)^Number of periods

For the first investment the principal is 7,500, the rate of return is 11.5% and the number of periods are 5 so the value of the investment will be

7,500 (1+0.115)^5=12,925

For the second investment the principal is 5,000, the rate of return is 11.5 and the number of periods are 3 as the 5,000 is invested two years from today.

5,000*(1+0.115)^3=6,931

Total value of investments = 12,925 +6,931 = $19,856

8 0
1 year ago
If a law enforcement officer suspects your vehicle is not properly maintained or does not comply with florida motor vehicle equi
Schach [20]

<em>If a law enforcement officer suspects your vehicle is not properly maintained or does not comply with Florida motor vehicle equipment standards, the officer </em><em>will forbid you to drive to the highway </em>

<h2>Further Explanation </h2>

Motorized vehicles are vehicles that are driven by technical equipment for movement, and are used for land transportation. Generally, motor vehicles use internal combustion engines, but electric motors and other types of engines (eg hybrid electric vehicles and plug-in hybrids) can also be used. Motorized vehicles have wheels, and usually walk on the road. The types of motorized vehicles can vary, ranging from cars, buses, motorbikes, off-road vehicles, light trucks, to heavy trucks. The classification of motor vehicles varies depending on the country.

<h3>Standardization of motor vehicles in the federal state: </h3>
  • Control and display
  • Transmission shift lever sequence, interlock starter, and transmission braking effect
  • Brake hose
  • Lights, reflective devices, and related equipment
  • Rearview and side mirror
  • Theft Protection
  • Motor vehicle brake fluid
  • Motorcycle brake system
  • Motorcycle control and appearance
  • Accelerator control system
  • Alert device
  • Light vehicle brake system
  • Tire pressure monitoring system
  • Motorcycle helmet
  • Fuel system integrity
  • Flammability of interior materials
  • Platform lift system for motorized vehicles
  • Installation of platform lifts in motorized vehicles
  • Low-speed vehicle

Learn More

Standardization of Driving brainly.com/question/4190637

Motor Vehicle Rules brainly.com/question/4190637

Details

Grade: High School

Subject: Business

Keyword: standardization, vehicle, motor

6 0
1 year ago
Read 2 more answers
Nezzie invests in 300 shares of stock in the fund shown below. name of fund nav offer price lkit mid-cap $16.58 $16.99 nezzie pl
pochemuha

The correct answer is D) 33.66

5 0
1 year ago
Read 2 more answers
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