A company paid 50c dividend on earnings of $2.00 last year. It has debt of $8M, a

Fantastic news! We've Found the answer you've been seeking!

Question:

A company paid 50c dividend on earnings of $2.00 last year. It has debt of $8M, a Book Value of Equity of $200M. There are 15 Million shares outstanding. Beta is 0.85

What is the ROE?

What is the expected growth rate?

What is the share price assuming constant growth?

Posted Date: May 19, 2024 01:18 AM

See More Questions

For the inexperienced marketer, the similar-but-different aspect of culture creates an illusion of similarity that usually does not exist. Discuss and give examples.
Can C8H17N have a nitride as its functional group? Explain.
The projected net cash flows for a project are (in $thousands): Assuming the initial investment is depreciated over the life of the project, the accounting rate of return for the project is a. 25% b....
Using the information for Obras, Inc., in SE 4 and SE 5, compute the profit margin, asset turnover, return on assets, and return on equity for 20x6 and 20x7. In 2005, total assets were $200,000 and...
Manufacturing overhead data for the production of Product H by Norland Company are as follows. Overhead incurred for 52,000 actual direct labor hours worked ...$213,000 Overhead rate (variable $3;...
17.89 Residual Distribution Policy (17.89 is a given answer. I am not sure how to schow my work.) Harris Company must set its investment and dividend policies for the coming year. It has three...
content area top Part 1 Suppose that events E and F are independent, P(E)equals0.6, and P(F)equals0.6. What is the Upper P left parenthesis Upper E and Upper F right parenthesis? Question content...
In an inventory business, what are the difference inventory cost methods? And how does it affect the inventory?
Using the rules for adding capacitors in series and parallel, compare the measurements of the individual capacitors to the capacitors in series and in parallel for both methods (for the time constant...
In 2019, truck driver Jaskirat Singh Sidhu was sentenced to eight years after pleading guilty to dangerous driving causing death and bodily harm in the Saskatchewan bus crash that killed 16 people...
Who are some of the people that have had the biggest impact on "Behavorial Finance". What have they done good, bad, studies?
What graphical summary can be used for the data showing the number of nations with the amount of national debt to GDP (less than 40%, between 40% and 80%, more than 80%)?
Suppose that is a normal random variable with a mean of =110 and a standard deviation of =10. Determine the value of so that [ <105]=[
TRUE-FALSE QUESTIONS 1. In terms of preliminary analytical procedures, assume that the company has introduced a new product with a low price point and significant customer demand. The auditor would...
Application of materials handling costs A manufacturing company budgets the follow- ing costs for its materials handling operations: The company estimates that during the coming year, the materials...
Journal entries for payroll and payroll costs Arbocodiel Company employs five office employees whose monthly pay is as follows: In addition to the above salaries, Arnold earned a $300 bonus and...
Payroll and payroll costs Following are the August payroll data for Sabul Company: The FICA tax rate on employees and employers is 7 percent of pay. Workers' compensation is .06 percent. Only $11,000...

A company paid 50c dividend on earnings of $2.00 last year. It has debt of $8M, a

Question:

Expert Answer:

Students also viewed these finance questions