Random Corporation recently paid a common stock dividend of $2.50. Analysts predict that the firm and its dividends will grow at a rate of 12% per year. Random has a beta of 1.35. The current risk-free rate of interest is 5.0% and the current return on the market is 13%. What is the intrinsic value of Random's common stock
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Random Corporation recently paid a common stock dividend of $2.50. Analysts predict that the firm and its dividends will grow at a rate of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In late August, a company provided one of its customers with services worth $500; however, the company does not expect payment from the customer for those services until early September.
Answers (1)
In america today, what percentage of individuals between the ages of 14 and 17 are in school?
Answers (1)
Elston Company compiled the following information as of December 31, 2014:Service Revenue $700,000Common Stock $150,000Equipment $200,000Operating Expenses $625,000Cash $175,000Dividends $50,000Supplies $25,000Accounts Payable $100,000Accounts
Answers (1)
At the beginning of the period, the Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fixed factory overhead of $28,000 for 8,000 hours of production.
Answers (1)
During the current month, Grey Company sold 60,000 units for $10 each. Each unit had an equivalent cost of $6 each. The journal entry to record the sale would include which of the following?
Answers (1)
New Questions in Business
Which statement describes the equity‑efficiency trade‑off? Government intervention can increase efficiency in a market. Actions intended to make economic outcomes fairer may cause efficiency to decrease.
Answers (1)
A result of welfare economics is that the equilibrium price of a product is considered to be the best price because it
Answers (1)
The principal building material for mesopotamian ziggurats was
Answers (1)
The client, Don Kennedy, informed Alison that price was a primary concern for his firm. Therefore, during her sales call, Alison must:
Answers (2)
In monopolistic competition firms gain some degree of market power
Answers (1)