Neko Co., a firm that issues ordinary shares with an average beta, projected to declare a constant
Question:
Neko Co., a firm that issues ordinary shares with an average beta, projected to declare a constant amount of P22 dividend annually. The current nominal rate of a 90-day treasury bill is 4% while the inflation is expected at 2.60%. The stock market exhibited a 9% overall return.
What is the intrinsic value of the ordinary share issued by Neko Co.?
You were hired as a financial planner for Neko Co., and you present the following bonds which all have a face amount of P6,000:
ABC - 10% annual coupon rate; Bond value: P5,000
XYZ - 12% annual coupon rate; Bond value: P8,000
If bond XYZ was sold after a year for a total expected return of 21%, What is its approximate selling price?
Accounting Principles Part 3
ISBN: 978-1118306802
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow