Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

attempt all A. 200 8. th 6x c. 104t c. 44 uppose you invested $98 in the Ishares High Yield Fund (HYG) a month ago.

attempt all
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
A. 200 8. th 6x c. 104t c. 44 uppose you invested $98 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $0.52 today and then you sold for $99. What was your. vidend yleld and capital gains yield on the investment? A. 1.02%,1.12% B. 0.53%,1.07% C. 0.53%,1.02% D. 0.5%,1.07% Valence Ekectronics hias 243 milion shares outstanding. It expects eamings at the end of the year of 5710milion. Valence pays out 40% of its eamings in fotat 15% paid out as dridends and 25% used to repurchase shares. If Valences earnings are expected to grow by 7% per year, these payout rates do not change, and Valence's equity cost of capital is 9%, what is Valence's share price? A. $8.77 B. 546.75 C. $1753 D. 55844 poitforeri] A. 111 2). 13 C. 102 D. 177 Oweninc has a current stock price of $13.70 and is expected to pay a 50.70 dividend in one year if Owenincs equity cost of capital is 11%, what price would Oweninc's stock be expected to sell for immediately after it pays the dividend? A. $15.21 B. 511,61 C. $10.16 D. 514.51

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Chronic Regulatory Focus And Financial Decision Making Asset And Portfolio Allocation

Authors: Navin Kumar

1st Edition

9812876936, 978-9812876935

More Books

Students also viewed these Finance questions

Question

=+ Is the information source free from bias on the subject?

Answered: 1 week ago

Question

=+ Is the information source knowledgeable about the subject?

Answered: 1 week ago

Question

=+2. How will it be used?

Answered: 1 week ago