Nike's common shares are currently trading at $57.12. Dividends on this stock are paid annually and are expected to grow at 2% per annum in perpetuity. Shareholders required return on this investment of 3%
The most recent dividend was paid yesterday and the next dividend will be paid in one year. How big was yesterday's dividend?
A) $0.55
B) $0.56
C) $0.57
D) $0.60
E) $0.62
B
Business
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a. budgeted income statement. b. cash budget. c. budgeted balance sheet. d. capital expenditure budget.
Business
An increase in the Treasury Bill rate ________
A) has no effect on the required rate of return of a common stock B) increases the required rate of return of a common stock C) doubles the required rate of return of a common stock D) increases the beta of a common stock
Business