Question: not understanding what to do after the market value. please explain with formulas Year 1995 1996 1997 1998 1999 2000 2001 2002 Dividend Total per
Year 1995 1996 1997 1998 1999 2000 2001 2002 Dividend Total per share dividends 0.25 $1,075,000.00 0.25 $1,075,000.00 0.3 $1,255,500.00 0.31 $1,297,350.00 0.35 $1,394,750.00 0.37 $1,430,050.00 0.39 $1,507,350.00 0.42 $1,623,300.00 Number of Payments share from share Total payments repurchases repurchases to shareholders 0 $0.00 $1,075,000.00 115,000 $140,000.00 $1,215,000.00 0 $0.00 $1,255,500.00 200,000 $260,000.00 $1,557,350.00 120,000 $180,000.00 $1,574,750.00 0 $0.00 $1,430,050.00 0 $0.00 $1,507,350.00 120,000 $220,000.00 $1,843,300.00 Share price, end of 2002 Number of shares Cinema Market Value 1.83 3,745,000 $6,853,350 Dividend compound growth rate Cost of equity, LE
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
