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Hello, I was wondering if you could double check my answers please? Especially part f? Thank you so much. Your broker offers to sell you

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Hello, I was wondering if you could double check my answers please? Especially part f? Thank you so much.

Your broker offers to sell you some shares of Behnsen & Co. common stock thet paid a dividend of 53.25 yesterday. Behnsen's dividend is expected to grow at 5% per veer for the next 3 years. If you buy the stock, you plan to hold it for 3 years and then sell it. The propriate discount rate is 11% 1. Find the expected dividend for each of the next 3 years; thetis, calculate D., D. and Ds. Note that D, = $3.25. Do not found intermediate celculeLions. Round your artners to the nearest cent. D. = $ 3.41 3.56 3.76 b. Given that the first dividend payment will occur 1 year from non, find the present value of the dividend stream; that is, calculate the PVs of D1, D2, and Ds, and then sum these Pvs. Do not round intermediate calculations. Round your answer to the nearest cent. 8.73 c. You expect the price of Liesluck 3 years or now to be $55.34; Lal is, you expect Pslu equal $65.34. Discounted clar 11 Nurale, wital is the presenl velue of Lihis expected lulure sluck price? In ulher words, calculate the PV ul $65.84. Du not round intermediate calculations. Round your answer to the nearest cent. $ 49.14 d. If you plan to buy the stock, hold it for 3 years, and then sell it for $65.84, what is the most you should pay for it today? Do not round intermediate calculations. Round your answer to the nearest cent. $ 55.88 e. Use equation below to calculate the present value of this stack. P DIA - DE - Assume that 9 - 5% and that it is constant. Do not round intermediate calculations. Round your answer to the nearest cent. $ 55.88 I. Is the value of this stock deperident upon how long you plen to hold it? In other words, if your plained trelding period was 2 yers or 5 years rather than 3 years, would this affect the velue of the stook today, Po? 1. Yes. The value of the stock is dependent upon the holding period as long as the growth rate remains constant for the foreseeable future. II. No. The value of the stock is not dependent upon the holding period. The velle calculeted in parts a through d is the velue for 23-year holding period. It is equal to the value calculated in parte. Any other holding period would Produce the same value off. III. Yes. The value of the stock is dependent upon the holding period. The value calculated in parts a through d is the value for a 3-year holding period. It is not equal to the value calculated in parte. Any other holding period would produce a different value of P, IV. Yes. The value of the stock is dependent upon the holding period due to the fact that the value is determined as the present value of all future expected dividends V. No. The value of the stock is not dependent upon the holding period unless the growth rate remains constant for the foreseeable future

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