Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

The common stock of ABC Corp is selling for $65 per share. The company pays a constant annual dividend and has a total return of

image text in transcribed

The common stock of ABC Corp is selling for $65 per share. The company pays a constant annual dividend and has a total return of 10.15 percent. What is the amount of the dividend? $3.53 $5.83 $3.87 $6.60 $5.57

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Lectures On Public Economics

Authors: Anthony B. Atkinson, Joseph E. Stiglitz

1st Edition

0691166412, 978-0691166414

More Books

Students also viewed these Finance questions

Question

★★★★★

Use the information presented in BE7-4 for Wilton, Inc. (a) Instead of estimating the un-collectibles at 2% of net sales, assume that 10% of accounts receivable will prove to be uncollectible....

Answered: 1 week ago

Question

★★★★★

Please complete the maths ASAP! i will upvote if it's done appropirately. (a) Derive formula for Secant method for finding root(s) of a nonlinear equation. Why would you use the Secant method instead...

Answered: 1 week ago

Question

★★★★★

10-7. How do proposal writers use an RFP? [LO-7]

Answered: 1 week ago

Question

★★★★★

C. Eastwood, A. North, and M. West are manufacturers representatives in the architecture business. Their capital accounts in the ENW partnership for 20X1 were as follows: Required For each of the...

Answered: 1 week ago

Question

★★★★★

Hedge Row Bank has the following balance sheet (in millions): Assets $190 Liabilities $152 Equity 38 Total $190 Total $190 The duration of the assets is 5 years and the duration of the liabilities is...

Answered: 1 week ago

Question

★★★★★

please answer within 30 mins! Isn't it 11.63%? But there is no option for 11.63 IBM Just paid a dividend of $2.5 and expects these dividends to grow at 9% a year. The price of IBM is $95 per share....

Answered: 1 week ago

Question

★★★★★

If ( A ) and ( B ) are ( 5 times 5 ) matrices of rank 5 and 3 respectively, then the rank of ( A cdot B ) is

Answered: 1 week ago

Question

★★★★★

What is computer neworking ?

Answered: 1 week ago

Question

★★★★★

Question: What will happen if a class in Java implements two interfaces with identical method signatures? A) Java will throw a compilation error due to ambiguity in method resolution. B) Java will...

Answered: 1 week ago

Question

★★★★★

Question: What happens when a class in Java implements an interface but does not provide an implementation for all of its methods? A) The program will compile successfully but throw a runtime...

Answered: 1 week ago

Previous Question Next Question