Dynamic Industries paid a dividend of $1.65 on its common stock yesterday. The dividends of
Wallace Industries are expected to grow at 9% per year indefinitely.
If the risk-free rate is 3% and
investors' risk premium on this stock is 8%, estimate the value of Wallace Industries stock 2 years
from now.
A) $106.84 B) $100.43 C) $54.71 D) $91.81
A
Business
You might also like to view...
Use the information in Table 8.6. Use an exponential smoothing model with a smoothing parameter of 0.30 and an April forecast of 525 to determine what the forecast sales would have been for June
A) fewer than or equal to 535 B) greater than 535 but fewer than or equal to 545 C) greater than 545 but fewer than or equal to 555 D) greater than 555
Business
You can borrow from your IRA, thus avoiding early withdrawal penalties
Indicate whether the statement is true or false
Business