A stock will pay a dividend of $3 and is expected to sell for $83.7 in one

Fantastic news! We've Found the answer you've been seeking!

Question:

A stock will pay a dividend of $3 and is expected to sell for $83.7 in one year. If the current price is$34.7, what is the return. Answer as a percent.

Related Book For answer-question

Managerial Accounting

ISBN: 978-1118338445

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

See More Books

Posted Date: May 08, 2024 12:34 PM

See More Questions

In two months the price of the stock willbe either $23 or $27. The risk free interest rate is 10%. The current price of the stock is $25. Suppose the price of the stock will be St at the end of two...
1 High P/E ratios tend to indicate that a company is expected to _______, ceteris paribus A grow quickly B grow at the same speed as the average company C grow slowly D not grow E None of the options...
Differentiate between the following pairs of concepts: (a) Probability and non-probability sampling (10 marks) (b) Exploratory research and causal research (10 marks)
Tony acquired 1,000 shares in X Co (a resident public company) for $10 each in August 2000. In January this year X Co returned $7 of capital to its shareholder in respect to each share they held. The...
More than 272 million computer and video games were sold in 2010more than two games for every U.S. household. Gamers spend an average of 3 to 4 hours playing games online every day. The average age...
Determine the magnitude and direction of the resultant FR = F1 + F2 + F3 of the three forces by first finding the resultant F' = F1 + F3 and then forming FR = F' + F2. Specify its direction measured...
The 2005 comparative balance sheet and income statement of Get Wired, Inc., follow on the next page. Get Wired, Inc., had no noncash investing and financing transactions during 2005. During the year,...
Bailey is one of four equal unrelated shareholders of Checker Corporation. Bailey has held Checker stock for four years and has a basis in her stock of $40,000. Checker has $280,000 of current and...
school work v < > M B M H webassign.net B B 2 17. [0/5 Points] DETAILS PREVIOUS ANSWERS SCALC9 7.4.057. Previous Answers Submission 1 (0/5 points) Wednesday, March 29, 2023 07:13 PM EDT Use...
Person is a named tuple with fields: first_name, last_name, and age. Variable person_data is a Person object created with two strings and one integer read from input as attributes. Output the...
Firm XYZ, which operates in France and Germany, wants to optimize its advertising spending across these two countries. Currently XYZ spends a total of 20,192 (USD '000) with 15,603 (USD '000) in...
Find an analytic function whose read part 98 x-ty. .2
- You decided to open a production facility. The following figure shows the process flow diagram. You hired 5 employees, and each employee performs one task. A-How many units can you produce in 10...
Find an analytic function whope real part is u=e" cosy.
"A spring with a spring constant of 1 0 0 N / m and an original length of 1 . 0 m has one end attached to the ceiling. A 1 kg mass is hung from the other end of the spring, and the bottom of the mass...
With respect to delaying revenue recognition until completion of a long-term contract, it is the case that: Expenses are recognized each period, but revenue is only recognized when the contract is...
The Higher the time period of the financial security the higher the. ............... risk. O a. Maturity O b. Default and Maturity Oc. Default O d. Liquidity
A sample of college students was asked whether they had a job outside of school. The following MINITAB output presents the results of a hypothesis test regarding the proportion of college students...
A sample of adults was asked whether they were interested in economic issues. The following MINITAB output presents the results of a hypothesis test regarding the proportion who said they were...
A simple random sample of 1500 voters were surveyed and asked whether they were planning to vote for the incumbent mayor for re-election. Seven hundred ninety-eight of them replied that they were...

A stock will pay a dividend of $3 and is expected to sell for $83.7 in one

Question:

Expert Answer:

Answer To calculate the return on this stock we can use the formula Re... View the full answer

Managerial Accounting

Students also viewed these finance questions