If you own 11,000 shares of stock of Nike and it pays a dividend of $0.29 per
Question:
If you own 11,000 shares of stock of Nike and it pays a dividend of $0.29 per share, then what is the total dividend you will receive?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Owning 11000 shares of Nike stock and the ...View the full answer
Answered By
Sagar Kumar
I am Mechanical Engineer with CGPA of 3.98 out of 4.00 from Pakistan. I went to Government Boys Degree College, Sehwan for high school studies.
I appeared in NUST Entrance Exam for admission in university and ranked #516. My mathematics are excellent and I have participated in many math competitions and also won many of them. Recently, I participated in International Youth Math Challenge and was awarded with Gold Honor. Now, I am also an ambassador at International Youth Math Challenge,
I have been teaching when I was in 9th class class year 2012. I have taught students from 6th class to university level.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Question Posted:
Students also viewed these Business questions
-
1. If you own 15 000 shares of BHP Billiton Ltd (BHP) and it pays a dividend of $0.27 per share, what is the total dividend you will receive? 2. Telford Corporation has a current share price of $20...
-
6. Use the same set of information given in the problem above. (a) Use S&P 500 future prices to calculate the implied dividend yield on S&P 500. For simplicity, assume you can borrow or deposit money...
-
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
-
In Exercises 1126, determine whether each equation defines y as a function of x. x + y = 25
-
Watch A Civil Action - A Civil Action is a 1998 American drama film starring John Travolta (as plaintiff's attorney Jan Schlichtmann) and Robert Duvall, based on a true story of a court case about...
-
One side of a right triangle is known to be 20 cm long and the opposite angle is measured as 30, with a possible error of 1. (a) Use differentials to estimate the error in computing the length of the...
-
Repeat Exercise 20 for samples of size 18 and 12. What happens to the mean and the standard deviation of the distribution of sample means as the sample size decreases? Data from Exercises 20 The...
-
On July 1, 2015, Flanagin Corporation issued $2,000,000, 10%, 10-year bonds at $2,271,813. This price resulted in an effective-interest rate of 8% on the bonds. Flanagin uses the effective-interest...
-
7. Answer for the following reaction CH3ONa a) Is this reaction SN/E1 or SN/E2 Br (2 points) b) For the reaction draw a mechanism for the substitution product and the elimination product. (4 points)...
-
Anzio, Inc., has two classes of shares. Class B has five times the voting rights as Class A. If you own 16% of the class A shares and 28% of the Class B shares, what percentage of the total voting...
-
Titan Industries has 217 million shares outstanding and expects earnings at the end of this year of $860 million. Titan plans to pay out 50% of its earnings in total, paying 30% as a dividend and...
-
Which of the following statements (there could be more than one) is correct? If a statement is incorrect, provide a corrected version. a. To calculate the monetary base, one must add currency held...
-
Coronavirus has exposed a lot of weaknesses in many business and retrenchments, early retirements and declarations of redundancy have been the norm of the day. For those who are lucky pay cuts have...
-
Scenario: As of October 31, 2023, you are a member of your firm's audit team responsible for reviewing the financial statements of Karke Dikhaao Limited (Karke) for the fiscal year ending on...
-
The chart to the right shows a country's annual egg production. Model the data in the chart with a linear function, using the points (0,51.7) and (4,60.2) Let x = 0 represent 1994, x= 1 represent...
-
Given the Flight Centre monthly share prices from Jan 2020 - Dec 2020, calculate the monthly returns, and the standard deviation. (3.5 marks) [Ensure to show your workings. Percentage results must be...
-
Please to do 10 slide about Human right and whats use labour law in UAE . IF there is true case i can explain use it in brief .
-
Describe the three strategies available regarding the number of intermediaries and discuss the types of products for which each is appropriate.
-
Write a paper by answer the following question: Should Recycling Be Mandatory?
-
Using Miller-Orr Slap Shot Corporation has a fixed cost associated with buying and selling marketable securities of $75. The interest rate is currently .021 percent per day, and the firm has...
-
Interpreting Miller-Orr based on the Miller-Orr model describe what will happen to the lower limit, the upper limit, and the spread (the distance between the two) if the variation in net cash flow...
-
Using Miller-Orr the variance of the daily cash flows for the Pele Bicycle Shop is $840,000. The opportunity cost to the firm of holding cash is 7 percent per year. What should the target cash level...
-
3. Assets A and B are perfectly negatively correlated and have expected returns and standard deviations as follows: Asset A B Expected Return 10 Standard Deviation 8 16 11 What would be the min. you...
-
Mr. Miles obtained a fully amortizing loan of $800,000 at 4% p.a. for 25 years. After 5 years, interest rates have dropped, so that a fully amortizing 20-year loan can be obtained at 3.5% p.a. If the...
-
Question 1 The following equation is known as the Capital Asset Pricing Model (CAPM) and defines the expected return of an asset i, E(ri), as a function of the risk-free rate, rf, the expected return...
Study smarter with the SolutionInn App