NoGrowth Industries presently pays an annual dividend of $1.20 per share and it is expected that these dividend payments will continue indefinitely. If NoGrowth's equity cost of capital is 10%, then the value of a share of NoGrowth's stock is closest to

Answers

Answer 1

Answer:

Value of share = 12

Explanation:

Below is the calculation to find the value of share:

Value of share = Annual dividend / ( Required return - Growth rate)

Annual dividend = $1.20

Required return = 10%

Growth rate = 0

Now plus the values in the formula:

Value of share = Annual dividend / ( Required return - Growth rate)

Value of share = 1.20 / ( 10% - 0)

Value of share = 1.20 / 0.1

Value of share = 12


Related Questions

A company has stock which costs $41.50 per share and pays a dividend of $2.50 per share this year. The company's cost of equity is 7%. What is the expected annual growth rate of the company's dividends

Answers

Answer:

90

you welcome

What is the importance of international law to businesses engaged in international trade?

Answers

Answer:

The above pic might help you :)

You will need to complete the resumé worksheet for this assignment. Put the information into the box below for your grade.

Answers

Put the resumé worksheet so I will be able to help you with it

______ occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job. Multiple Choice Discrimination A hostile working environment Bullying Affirmative action Quid pro quo

Answers

Answer: Descrimination

Explanation:

When people are hired or promoted or denied hiring or promotion, for reasons not relevant to the job,  discrimination occurs. Thus the correct option is A.

What is Discrimination?

Discrimination is when individuals or groups are unfairly or unfavorably treated because of traits like color, gender, age, or sexual orientation and causing them to get ill-treatment.

The legal division of groups of individuals, that is, the division of persons who are supported by the law. It's called a discriminating separation. This is typically done on the basis of racial discrimination or societal distinctions between various groups of people.

Discrimination happens when persons are employed, promoted, or refused promotions for unrelated reasons to the job. This is because of bias or favoritism that benefits them.

Therefore, option A is appropriate.

Learn more about Discrimination, here:

https://brainly.com/question/14896067

#SPJ6

Which of these currencies is used in New Zealand?
A. The pound sterling
B. The dollar
C. The peso
D. The yen

Answers

I think the answer is B. The dollar

When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?

Answers

Answer: d) Give them the title to her car.

Explanation:

If they want some collateral then Sydney would have to give them collateral and a car is one of the best known examples of collaterals there is.

Sydney can give them the title of the car which means that if she defaults on the loan, her parents will be able to sell the car to get back the amount that they loaned her. She cannot sell the car until she pays them and she may have to add them as beneficiaries to any car insurance that she may have on the car.

PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?

Answers

Explanation:

Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.

Distinguishing your qualities and shortcomings can be very significant. Not exclusively will it permit you to move toward assignments and difficulties with a superior comprehension of how to succeed and what traps to pay special mind to, yet it likewise permits you to viably convey what you can contribute, which is fundamental for things like new employee screenings.

Which of the following is true regarding the formula for success of an enterprise system?
A) Enterprise systems implementations should include personnel from different departments.
B) The success of an enterprise system depends directly on the support received from middle-management.
C) Enterprise systems are simple to understand and implement when compared to stand-alone systems.
D) Using outside consultants tends to complicate the implementation of an enterprise system.
E) Once enterprise systems go live, employees experience an immediate growth in productivity.

Answers

Answer:

A) Enterprise systems implementations should include personnel from different departments.

Explanation:

An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.

A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.

These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.

The employees in companies engaged in a single line of business are generally referred to as silos because they work independently, collaborate and communicate with their colleagues in a vertical style i.e exclusively with each other.

Hence, the formula for success of an enterprise system is that, all enterprise systems implementations should include personnel or employees from different departments such as accounting, marketing, human resources, customer relationship, procurement, etc.

I need a name for an app that could help the community. It has to be original though none that already exists

Answers

Answer:

green help

Explanation:

lol

Answer:

GreenEarth

Green flower

Explanation:

Given an actual demand of 63 a previous forecast of 58 and an alpha of .3 what would the forecast for the next period be using simple exponential smoothing ?

Answers

Answer:

The forecast for the next period based on simple exponential smoothing is 59.50

Explanation:

In determining the forecast for the period using the exponential smoothing approach, the below formula is of utmost importance:

forecast=(α*prior period actual)+(1-α)*prior period forecast

α =alpha=smoothing constant =.3

prior period actual=63

prior period forecast=58

forecast for the next period=(.3*63)+(1-.3)*58

forecast for the next period=18.90+40.60

forecast for the next period=59.50

3. Which of the following is a liability?
a) buildings
b) accounts receivable
c) loan from J. Henry
d) equipment​

Answers

Answer:

buildings

Explanation:

Because if you own buildings you have to take care of them and you make sure you have them clean make sure nothing is wrong if a person complains find the problem and make it better and a loan will put you in a lot of debt to that person instead of making your own money.

Ginny, a licensee, uses a preprinted contract in Tim's purchase of a new loft apartment. There is a discrepancy in the contract between a preprinted clause and a handwritten addition. Which clause supersedes

Answers

Answer:

The handwritten clause generally supersedes the preprinted clause.

Explanation:

Katie bought a bike on an Installment loan for 762 on a 14% interest rate. She will pay it back with 42 monthly payments. What is the Amount borrowed?

Answers

Answer:

868.68

Explanation:

14% of 762 is 106.68 + the 762 total cost of the bike is 868.68

An injunction that requires a defendant to take an action or set of actions is
an) injunction
A. permanent
B. prohibitory
C. mandatory
Ο Ο
D. interim

Answers

Answer:

C. mandatory

Explanation:

A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.

Thus, law is a tool used by the judiciary, lawyers, individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions. Therefore, a law creates the foundation for ethical behavior.

In circumstances where there are aberration, the law is enforced as a punishment and penalty for wrongdoings or misdeeds.

There are various types of law and these includes; criminal law, constitutional law, intellectual property law, corporate law, international law, family law, civil law, etc.

An injunction can be defined as a legal and equitable court order compelling (commanding) or prohibiting an individual, group or entity to either perform or cease from performing a specific action.

Basically, a court of competent jurisdiction is empowered by law to grant an injunction to a third party for further examination and trial.

Similarly, an injunction that requires a defendant or plaintiff to take an action or set of actions is a mandatory injunction.

Answer:

C. mandatory

Explanation:

Temporary and Permanent Injunctions ( Sections 36 & 37)Perpetual Injunctions ( Section 38)Mandatory Injunctions ( section 39)Damages in lieu of or in addition to Injection( Section 40)Injunction to perform a negative covenant( section 42)

WORKERS OR FAMILY MEMBERS?
Paternalistic leaders have authority over their employees but view them as

Answers

The Answer is gonna be Workers

This is the Answer for your question :3

I hope you are having a great day ❤️❤️❤️

The Answer is: worker

The expected return on Share Z is 17.50% with a beta of 1.90. If the risk-free rate is 8%, then what is the expected return on the market

Answers

Answer:

13%

Explanation:

Expected return on market = ((Expected return - Risk-free rate) / Beta) + Risk-free rate

Expected return on market = ((17.50% - 8%) / 1.90) + 8%

Expected return on market = 9.5%/1.90 + 8%

Expected return on market = 0.05 + 0.08

Expected return on market = 0.13

Expected return on market = 13%

Im a helper rnoifn2rfcqnmcfienrfq ya

Answers

Answer:

thans for the points

Explanation:

Answer:

alright

Explanation:

The rate card for a magazine mentioned that the one-time cost for a full-page black-and-white ad was $930. The magazine had a total circulation of 15,000. Calculate the magazine's cost per thousand (CPM).

Answers

Answer:

Magazine's cost per thousand (CPM) = $62

Explanation:

Given:

Cost per card = $930

Total number of cards = 15,000

Find:

Magazine's cost per thousand (CPM)

Computation:

Magazine's cost per thousand (CPM) = [Cost per card x 1,000] / Total number of cards

Magazine's cost per thousand (CPM) = [930 x 1,000] / 15,000

Magazine's cost per thousand (CPM) = 930,000 / 15,000

Magazine's cost per thousand (CPM) = $62

I need help I don’t get this

Answers

The friest answer bc she said budget

Answer:

it's C, because when you budget you are trying to save money.

Explanation:

Match each given scenario to its cause.

Answers

Answer:

1 goes to 2 and last one goes to 4 and 3 one goes to 3 and 1 ones goes to 4th

Explanation:

for which person would renting a home be a better option than getting a mortgage?

Answers

Answer:

Someone who wants ro avoid spending time and money on maintenace

Explanation:

what is construction production​

Answers

Answer:

The production in construction index is a business-cycle indicator which measures the monthly changes in production of buildings (residential and non-residential) and of civil engineering (roads, railways, bridges, tunnels, utility projects).

economics! please HELP
What do you think Adam Smith would think of the capitalist societies today? (regarding his "invisible hand" philosophy)

Answers

Answer:

The invisible hand is a term coined by Adam Smith, through which he stated his belief that an individual who acts for the benefit of himself also indirectly acts for the benefit of society or the collective, given that through the obtaining of benefits on the individual face greater wealth would be generated, transferring these benefits to the whole of society. Thus, I consider that if Adam Smith saw the current capitalist governments and the public participation of these in social assistance systems, he would not consider such actions as correct.

There is a _______ relationship between real GDP and tax revenues, which partially explains deficit spending during a recession.

positive
contradictory
inconsequential
negative

Answers

Answer: positive

Explanation:

The real gross domestic product refers to the value of the output in an economy which has been adjusted for price changes.

There's a positive relationship between the real GDP and tax revenues. This can be used to explain deficit spending during a recession. When there's recession, there'll be a reduction in the output and consumption in the economy. At this point, there'll be a reduction in GDP.

Maddox Auto Parts, Inc., contracted with Billy's Mufflers Co. to purchase 35 mufflers from their warehouse supplies. All the mufflers Maddox Auto Parts ordered were already made and packaged and merely required transportation to Maddox Auto Parts. Billy's Mufflers wrote out an order form designating which 35 mufflers were to go to Maddox Auto Parts. If a question as to when Maddox Auto Parts acquired an insurable interest in the mufflers were to arise, a court would likely hold that
Maddox Auto Parts gained an insurable interest in the mufflers:
A. at the time of contracting.
B. at the time the mufflers were
C. given to the carrier.
D. at the time of delivery.
E. 24 hours before delivery.

Answers

Answer: A. at the time of contracting.

Explanation:

Insurable interest is the reasonable concern to obtain insurance against unforeseen events such like losses or death. Insurable interest is when the loss of an object or damage would result in a financial loss.

Based on the information given, Maddox Auto Parts gained an insurable interest in the mufflers at the time of contracting. An individual will gain an insurable interest immediately s contract takes place.

Therefore, the correct option is A.

Apply Concepts Describe a hypothetical government budget that employs an expansionary policy.

Answers

Answer:

There will be cut in taxes and increased spending.

Explanation:

Expansionary policies are those in which government takes decisions to increase the spending on infrastructure, health, education and other development projects and reduces the taxes. This strategy is used to boost the economy. The increased spending creates more opportunities and there will be lesser unemployment in the country.

Carla needs to examine the structure of the tables in her database. Where will she find the Table Analyzer Wizard in
Access 2016 to achieve this goal?
O Home
Create
O Database Tools
O File
Save and Exit
Nexi
Mark this and return

Answers

Answer:

database tools

Explanation:

Answer:

C) Database Tools

Explanation:

Raoul receives a postcard from a car dealership reminding him of the substantial discounts and extras he can receive if he buys a car this month. This ad addresses which stage in the adoption process

Answers

Answer:

Explanation:

Jsksnakanak

Ms. Goldstein is required by the plan she represents to obtain enrollment forms that have carbon copies in the back. She gives one to the beneficiary, sends another to the plan and retains the third. What should she do with her copies of the enrollment forms?

Answers

Answer:

She should make every effort to safeguard the beneficiary information on those enrollment forms.

Explanation:

In the given situation, it is mentioned that the Goldstein needed from the plan and the same is presented to collect the enrollment forms also there is the carbon copies in the back side. The one is given to the beneficiary and it send to the another and than retain the third

So she should do with the enrollment form copies is that she make effort to save the information of the beneficiary  

Describe a hypothetical government budget that employs an expansionary policy.

Answers

Answer:

Expansionary fiscal policy involves strategy which includes tax cutting, rebates and increase spending.

Explanation:

The government budget will be modified to the tax cutting strategies to implement expansionary fiscal policies. This includes increase in spending so that less money is saved and the tax amount on the profit is minimum.

Other Questions
In humans, brown eyes (B) are dominant over blue eyes (b) and dark hair (D) is dominant over blonde hair (d). If a woman with blue eyes and hybrid dark hair and a man with hybrid dark hair and hybrid brown eyes have children, what would be the phenotypic ratios among their children?PLZ help i need this done by tmrw:( 2. State the main reasons why farmers are able to grow three different crops in a year in Palampur Find the measure of the missing angle.Answer: a= ______(NO FILES) IF YOU ANSWER YOU WILL BE MARKED BRAINLIEST :) Can some one help me out my grades are bad find the area of a rectangle with a length of (5x+2) and width of (2x-1) What is the iupac name of CH3-CH2-CH2-OH? why would someone get tested for Osteogenesis Imperfecta What is the core function of a political party? Savvas learning Ch 3A Gram. Pre-Test Prueba 1: Irregular preterite verbs: Hacer, Tener, Estar, Poder. Use the appropriate preterite forms of the verbs hacer, tener, estar, and poder.Question#5: David y yo no_____ arreglar nuestro cuatro. Rewrite the following sentence using the correct form of ESTAR.Yo(estar) en el cine. The following information is provided for Oriole Company and Sheffield Corporation. (in $ millions) Oriole Company Sheffield Corporation Net income 2022 $155 $370 Net sales 2022 1365 4830 Total assets 12/31/20 1035 2270 Total assets 12/31/21 1290 3150 Total assets 12/31/22 1170 4080 What is Oriole's return on assets for 2022 Which of the following has the greatest impact on telecommunications design?availability of resources used in manufacturingconsumer functionality demandsO cost of materials used in manufacturingO currently trending fashion designs Question 5:Solve for a SideFind the missing side. Round to the nearest tenth. Help pleaseee?? Yuhh What significant contributions to the war effort were made by New Mexicans during WWII? A group of similar organisms that canmate with one another to produce off-spring is known as a ? (fossil orspecies) Who did Vasco de Balboa sailed for How many calories are absorbed in a process that absorbs 0.128 joules?A. 0.031 calB. 0.536 calC. 536 calD. 0.310 cal Which of the following statements about asexual reproduction is NOT true? A Only one parent sex cell is needed. B The offspring are copies of the parent. C Most single-celled organisms reproduce this way. Dit results in more variation in species than does sexual reproduction Which property determines and Adams ability to attract electrons shared in a chemical bond?