answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
____ [38]
2 years ago
15

The current dividend yield on CJ's common stock is 1.89 percent. The company just paid an annual dividend of $1.56 and announced

plans to pay $1.70 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock? Select one:
a. 12.75 percent
b. 13.39 percent
c. 9.08 percent
d. 15.82 percent
e. 10.86 percent
Mathematics
1 answer:
Wittaler [7]2 years ago
7 0

Answer:   The correct answer is :  e.  10.86 percent

Step-by-step explanation:  The current yield is 1.89% = 1.89 / 100 = 0.0189

The rate of return (R) is:

R =  0.0189 +  [ (1.70 - 1.56) / 1.56 ]

R =  0.0189 + 0.0897

R =  0.1086

R =  0.1086 x 100

R =  10.86%

The required rate of return is the minimum return that an investor needs to be calm, it is the amount of profit needed to justify continuing a project or an investment.

You might be interested in
The Naturally Made Bath and Body store pays $550 a month for rent and utilities. The average cost for its products to be manufac
Lilit [14]

Answer:

220 products need to be sold to break it even.

Step-by-step explanation:

550 + 3.00x = 5.50x

550 = 2.50x

220 = x

6 0
2 years ago
Read 2 more answers
A person is standing exactly 36 ft from a telephone pole. There is a 30° angle of elevation from the ground to the top of the po
nika2105 [10]

Answer:

20.78feet

Step-by-step explanation:

The question made us to understand that the man is standing and also there is angle of elevation, then we need to draw a right triangle having a base equal to 36 feet with an angle from the base to the top of the pole which is 30 degrees.

tan= opposite side / adjacent side

Let height of the pole =h

Tan(30)= h/36

But tan 30degree= 1/√3

h= 36 × 1/√3

h= 20.78feet

Therefore, the height of the pole= 20.78feet

CHECK THE ATTACHMENT FOR DETAILED FIGURE

7 0
1 year ago
Read 2 more answers
A total of d dollars was donated to 4 charities. Each charity received $375. Which equation can be solved to find the total amou
lidiya [134]

Answer:

If each charity has received $375 and there is 4 charities, the equation should look like this...

$375 x 4 = d

If you are looking how much was donated all together, the answer is:

$1500 dollars in total was donated.

6 0
2 years ago
Which of the following represents the most accurate estimation of 388 - 212?
Anon25 [30]
The right answer is 176
7 0
2 years ago
Scores on Ms. Bond's test have a mean of 70 and a standard deviation of 11. David has a score of 52 on Ms. Bond's test. Scores o
otez555 [7]

Answer:

Due to the higher z-score, David has the higher standardized score

Step-by-step explanation:

Z-score:

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Which student has the higher standardized score

Whoever had the higher z-score.

David:

Scores on Ms. Bond's test have a mean of 70 and a standard deviation of 11. David has a score of 52 on Ms. Bond's test. So X = 52, \mu = 70, \sigma = 11

Z = \frac{X - \mu}{\sigma}

Z = \frac{52 - 70}{11}

Z = -1.64

Steven:

Scores on Ms. Nash's test have a mean of 64 and a standard deviation of 6. Steven has a score of 52 on Ms. So X = 52, \mu = 64, \sigma = 6

Z = \frac{X - \mu}{\sigma}

Z = \frac{52 - 64}{6}

Z = -2

Due to the higher z-score, David has the higher standardized score

3 0
2 years ago
Other questions:
  • At a high school, students can choose between three art electives, four history electives, and five computer electives. Each stu
    5·2 answers
  • Please help me to answer these questions!!
    6·1 answer
  • Noah received a $500 signing bonus when he accepted a job as a paralegal. If he makes $28 an hour, which equation models Noah's
    11·1 answer
  • How many different ways can four team members from the group of fifteen be lined up for a photograph?
    8·2 answers
  • Does this table represent a function? Why or why not?
    11·2 answers
  • A particular brand of tires claims that its deluxe tire averages at least 50,000 miles before it needs to be replaced. From past
    15·1 answer
  • I was planting a tree in my backyard and hit something hard. I dug it out and decided it was an ore of copper. I took its mass,
    11·1 answer
  • Jane buys \dfrac73 \text { yard} 3 7 ​ yardstart fraction, 7, divided by, 3, end fraction, start text, space, y, a, r, d, end te
    15·1 answer
  • Prove that. 1-sin2A=2sin^2(45-A)
    14·1 answer
  • Lindsey Smith was the top scorer in a women's professional basketball league for the 2006 regular season, with a total of 867 po
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!