{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-06T07:15:04-04:00", "answer_date": "2024-06-06 07:15:04", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2348258", "url": "\/study-help\/questions\/management-of-ivanhoe-a-biotech-firm-forecasted-the-following-growth-2348258", "question_creation_date_js": "2024-06-06T07:15:04-04:00", "question_creation_date": "Jun 06, 2024 07:15 AM", "meta_title": "[Solved] Management of Ivanhoe, a biotech firm, fo | SolutionInn", "meta_description": "Answer of - Management of Ivanhoe, a biotech firm, forecasted the following growth rates for the next three years: 35 percent, 28 | SolutionInn", "meta_keywords": "management,ivanhoe,biotech,firm,forecasted,growth,rates,three,years,35,percent,28", "question_title_h1": "Management of Ivanhoe, a biotech firm, forecasted the following growth rates for the next three years: 35 percent, 28 percent, and 22 percent. Management then", "question_title": "Management of Ivanhoe, a biotech firm, forecasted the following growth rates for", "question_title_for_js_snippet": "Management of Ivanhoe, a biotech firm, forecasted the following growth rates for the next three years 35 percent, 28 percent, and 22 percent Management then expects the company to grow at a constant rate of 9 percent forever The company paid a dividend of $1 30 last week If the required rate of return is 22 percent, what is the value of this stock (Round intermediate calculations and final answer to 2 decimal places, e g 15 20 )", "question_description": "

Management of Ivanhoe, a biotech firm, forecasted the following growth rates for the next three years: 35 percent, 28 percent, and 22 percent. Management then expects the company to grow at a constant rate of 9 percent forever. The company paid a dividend of $1.30 last week. If the required rate of return is 22 percent, what is the value of this stock?<\/span>(Round intermediate calculations and final answer to 2 decimal places, e.g. 15.20.)<\/em><\/strong><\/p>", "transcribed_text": "", "related_book": { "title": "An Introduction to Analysis", "isbn": "132296381, 978-0132296380", "edition": "4th edition", "authors": "William R. Wade", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/741.jpg", "uri": "\/textbooks\/an-introduction-to-analysis-4th-edition-741", "see_more_uri": "" }, "free_related_book": { "isbn": "3642858406", "uri": "\/textbooks\/cad-cam-robotics-and-factories-of-the-future-90-volume-2-flexible-automation-5th-international-conference-on-cad-cam-robotics-and-factories-of-the-future-proceedings-1st-edition-978-3642858406-328909", "name": "Cad\/Cam Robotics And Factories Of The Future 90 Volume 2 Flexible Automation 5th International Conference On Cad\/Cam Robotics And Factories Of The Future Proceedings", "edition": "1st Edition" }, "question_posted": "2024-06-06 07:15:04", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/at-two-levels-of-activity-within-the-relevant-range-average", "description": "At two levels of activity within the relevant range, average costs are $192 and $188, respectively.", "stars": 3 }, { "url": "\/study-help\/microeconomics\/which-statement-is-false-a-president-eisenhower-presided-over-three-1304685", "description": "Which statement is false? a) President Eisenhower presided over three recessions. b) Our economy has not had an unemployment rate below 5 percent since the early 1940s. c) There were six straight...", "stars": 3 }, { "url": "\/study-help\/coaching-supervision-a-practical-guide-for-supervisees\/write-down-five-adjectives-that-come-to-mind-when-you-1980246", "description": "Write down five adjectives that come to mind when you think about sickabsent employees. 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