Haskins Inc. is expected to pay a dividend of $3.27 next year. The company's dividend growth rate is expected to be 3.4 percent indefinitely and investors require a return of 12.2 percent on the company's stock. What is the stock price?

Answers

Answer 1

Required stock price is $45.79.

The stock price can be calculated using the Gordon growth model. The Gordon growth model is used to determine the intrinsic value of a stock based on a future series of dividends that grow at a constant rate.

Here is how to calculate the stock price using the Gordon growth model:Formula for the Gordon growth model: `P = D / (r - g)`

Where:P = the current stock price

D = the expected dividend in the next periodr = the required rate of returning = the expected dividend growth rate

Given,D1 = $3.27r = 12.2%g = 3.4%Now let's find the stock price of the company:

Hence, the stock price of Haskins Inc. is $45.79.

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Related Questions

3. Calculating interest rates The real risk-free rate (r) is 2.8% and is expected to remain constant. Inflation is expected to be 4% per year for each of the next five years and 3% thereafter. The maturity risk premium (MRP) is determined from the formula: 0.1(t-1) %, where t is the security's maturity. The liquidity premium (LP) on all Global Satellite Corp.'s bonds is 0.55%. The following table shows the current relationship between bond ratings and default risk premiums (DRP): Rating U.S. Treasury AAA AA A 888 Default Risk Premium O 8.12% O 7.57% O 5.25% 8.67% 0.60% 0.80% 1.05% 1.45% Global Satellite Corp. issues twelve-year, AA-rated bonds. What is the yield on one of these bonds? Disregard cross-product terms; that is, if averaging is required, use the arithmetic average. Based on your understanding of the determinants of interest rates, if everything else remains the same, which of the following will be true? U.S. Treasury AAA AA A BBB Global Satellite Corp. issues twelve-year, AA-rated bonds. What is the yield on one of these bonds? Disregard cross-product terms; that is, if ave is required, use the arithmetic average. 8.12% 7.57% 5.25% 0.60% 0.80% 1.05% 1.45% 8.67% Based on your understanding of the determinants of interest rates, if everything else remains the same, which of the following will be true? A BBB-rated bond has a lower default risk premium as compared to an AAA-rated bond. In theory, the yield on a bond with a longer maturity will be higher than the yield on a bond with a shorter maturity.

Answers

The yield on AA-rated bonds is calculated by adding various components, resulting in a total yield of 16.02%.

Based on the determinants of interest rates, it is true that a BBB-rated bond has a higher default risk premium compared to an AAA-rated bond. This is because BBB-rated bonds have a higher perceived risk of default, resulting in investors demanding higher yields to compensate for the increased risk.

Additionally, in theory, the yield on a bond with a longer maturity will be higher than the yield on a bond with a shorter maturity. This is due to the time value of money and the increased uncertainty associated with longer-term investments. Investors require a higher yield to tie up their funds for a longer period, reflecting the higher risk and potential changes in market conditions that could impact the bond's value over time.

Therefore, the statements that hold true are that a BBB-rated bond has a higher default risk premium compared to an AAA-rated bond, and in theory, the yield on a bond with a longer maturity will be higher than the yield on a bond with a shorter maturity.

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A simple way to outline your vision and spot any mistakes before going further is ______. usability testing advertising interviewing paper testing

Answers

If you want to spot any mistakes in a model before going further, you can engage in usability testing.

What is usability testing?

This refers to testing a program or model before releasing it in its final form to ensure that it can perform as intended.

This allows you, as the creator, to identify any errors or flaws and act to correct them. It also helps you to clearly define your program's vision based on how well it succeeds.

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atype of power in this case
vp of sales who threatens sales folks to meet their goals or get replaced

Answers

The type of power exhibited by the VP of Sales, in this case, is coercive power.

Coercive power is a form of influence that relies on the ability to administer punishment or negative consequences to individuals who do not comply with the wielder's demands or expectations. It is based on the fear of losing something valuable or facing undesirable outcomes.

In the given scenario, the VP of Sales is using coercive power by threatening salespeople with the possibility of losing their jobs or being replaced if they fail to meet their goals. This approach aims to create a sense of fear and insecurity among the sales team, motivating them to work harder to achieve the desired results.

While coercive power can produce short-term compliance, it often leads to negative consequences such as decreased job satisfaction, increased stress levels, and reduced creativity and innovation. It can also create a hostile work environment and strain relationships between employees and their superiors.

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What economic indicators or data sources are being used to determine the cooling off of home prices, and what factors may be contributing to this trend in the specific region of the US being analyzed?

Answers

To determine the cooling off of home prices in a specific region of the US, several economic indicators and data sources are used. These include: 1. Median Home Prices: This reflects the middle price point for homes sold in the area and helps identify trends in home prices.

These economic indicators and factors can help analyze the cooling off of home prices in a specific region of the US. 2. Housing Inventory: A low inventory can lead to higher home prices, while an increase in available homes can contribute to a cooling off of prices. 3. Days on Market (DOM): This measures the average time it takes for a home to sell. An increase in DOM can signal a slowing market. 4. Mortgage Rates: Rising mortgage rates can make home purchases less affordable, contributing to a cooling off of prices. 5. Housing Affordability Index: This compares median home prices with median family incomes to evaluate if housing is becoming more or less affordable in the area. 6. Employment Rates: A strong job market can lead to increased demand for housing, while high unemployment rates can negatively impact home prices.

Factors contributing to the cooling off of home prices in a specific region may include: 1. Economic Downturn: A decline in economic activity or a recession can reduce demand for housing and result in lower home prices. 2. High Mortgage Rates: As mentioned earlier, rising mortgage rates can make homes less affordable, reducing demand and leading to a cooling off of prices. 3. Increased Housing Supply: A surge in new construction or a large number of homes for sale can lead to increased competition among sellers, driving down prices. 4. Government Regulations: Changes in regulations, such as tax laws or lending restrictions, can impact the demand for homes and affect home prices. 5. Demographic Shifts: Changes in population size, age distribution, or migration patterns can influence demand for housing and impact home prices in a region.

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hi i need help plz its

Answers

help with what ? There’s nothing showing

For almost 20 years, hank has been the top sales professional for strickland propane. He credits his success to following the first law of business, which is to.

Answers

Based on the information given he credits his success to following the first law of business, which is to: Take care of the customer.

First law of business:

For any business, company or organization to succeed customers must always be involved.

The aim and objectives of every business owner is to generate revenue or earn money and for a business to earn money customer has to be taking care of and be treated as king because customer are the king of the market and customer are always right.

For a business to succeed customer need to be satisfied with the goods and services of the business which is why it is important for business owner to make use of the first law of business so as to achieve their business goals.

Inconclusion he credits his success to following the first law of business, which is to: Take care of the customer.

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This type of interest is the most desirable.

a. annually
b. semiannually
c. quarterly

Answers

Answer:

semiannually

Explanation:

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE

Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?



capital capacity




labor talent




entrepreneurial ability

Answers

Answer:

entrepreneurial ability

Explanation:

Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork,  risk management, and a sense of responsibility.

Spencer must have Entrepreneurial abilities; that's why the club hired him.  The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.

Okay is it just me or is anyone else getting so many exams and redos right now

Answers

Answer:

ufff

Explanation:

exam s are over Best Of Luck ! ❤️❤️

Answer:

i am

Explanation: hey it me mat, i know its been a while and you problably forgot about me by now but. im sorry and id like to talk.

definition of parternship​

Answers

Answer:

A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations

Which of the following statements would be considered pros of globalization?

Increased competition between countries

Increased immigration of unskilled workers

Increased public funding for education and immigration of those citizens with education

Increased consumption of wide variety of goods leading to increased production

Answers

Answer:

increased consumption of wide variety of goods leading to increased production.

Explanation:

im sorry if i get it wrong

What is MOST likely TRUE about intellectual property?

A.
It can be a tangible asset.
B.
It is impossible to steal.
C.
It can be invisible.
D.
It does not affect a company’s profits.

Answers

Answer:

The answer is most likely...

A. It can be a Tangible asset

Explanation:

Sorry I was late :l

What is absolutely essential for an event to have in order to reach its goals?

Answers

Event planning skill #1: Attention to detail.
Event planning skill #2: Communication.
Event planning skill #3: Problem-solving.
Event planning skill #4: Negotiation.
Event planning skill #5: Multitasking.
Event planning skill #6: Budgeting.
Event planning skill #7: Creativity.

a)Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.

b)Paid salary in advance Rs. 15,000.

c)Rent outstanding Rs. 2,000.

d)purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.

e)furniture purchased and paid by cheque rs10,000.
:journal entry.​

Answers

Answer:

Here are the journal entries for the given transactions:

a) Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.

Debit: Accounts Receivable (Kriti) 10,000

Credit: Sales Revenue 10,000

Debit: Cost of Goods Sold 8,000

Credit: Inventory 8,000

Copy

b) Paid salary in advance Rs. 15,000.

Debit: Prepaid Salary 15,000

Credit: Cash 15,000

Copy

c) Rent outstanding Rs. 2,000.

Debit: Rent Expense 2,000

Credit: Accrued Rent Payable 2,000

Copy

d) Purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.

Debit: Furniture 12,000

Credit: Cash 4,000

Credit: Accounts Payable 8,000

Copy

e) Furniture purchased and paid by cheque rs10,000.

Debit: Furniture 10,000

Credit: Cash (or Bank if paid by cheque) 10,000

you decide to work fewer hours per week, which results in a 10% decrease in your pay. what percentage increase in pay would you have to receive in order to gain your original salary again? round your answer to the nearest tenth of a percent.

Answers

"Original salary" refers to the initial or starting salary that an individual receives for a particular job or position. To calculate the percentage increase in pay required to regain your original salary after a 10% decrease, you can use the following formula:

Percentage Increase = (Original Salary - Decreased Salary) / Decreased Salary * 100

Let's assume your original salary is $100. After a 10% decrease, your new salary would be:

Decreased Salary = Original Salary - (10% of Original Salary)

= $100 - (0.10 * $100)

= $100 - $10

= $90

Now, we can calculate the percentage increase needed to regain your original salary:

Percentage Increase = ($100 - $90) / $90 * 100

= $10 / $90 * 100

= 0.1111... * 100

≈ 11.1%

Therefore, you would need to receive approximately an 11.1% increase in pay to regain your original salary.

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Accounting Reinforcement Activity 3, Part A

Answers

Accounting Reinforcement Activity means the process aimed at  strengthening the knowledge, skills or behaviors related to accounting principles, practices, and procedures.

What is the purpose of Accounting Reinforcement Activity?

Its purpose is to enhance application of accounting concepts, ensuring accuracy and consistency in financial reporting. These activities can include additional training, practice exercises, real-world simulations or ongoing professional development opportunities for individuals or teams involved in accounting functions.

By reinforcing accounting knowledge and skills, organizations can promote compliance with accounting standards, improve financial decision-making and mitigate the risk of errors or fraud in financial statements.

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Final answer:

The question relates to macroeconomic accounts and their interrelationships, such as national income, taxes, and investment spending.

Explanation:

The question is related to economics, specifically macroeconomic accounts and the relationship between different variables such as national income, taxes, consumption, and investment spending. The answer involves providing hypothetical data from tables and explaining the concepts of private household saving, tax revenue, government spending, and investment spending.

In this context, the focus is on understanding various economic indicators and their interrelationships. The tables provide data which can be used to analyze the economic performance of different countries.

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why is channel management important for successful marketing

Answers

Answer:

Explanation:

Because it helps many people in this which is similar to a Marketing.

What type of economy do government officials determine how to produce goods/services?
A. Command
B. Mixed
C. Market
D.Traditional

Answers

Answer:

I believe the right answer is C, Market

our company has sold an operating plant for $5 million at neither a gain nor a loss. Given the basic accounting equation what will the result of this transaction be. a) The assets of the company will increase. b) The liabilities of the company will increase. c) The liabilities of the company may decrease. d) The assets of the company will stay the same. e) A & C only.

Answers

The correct answer is d) The assets of the company will stay the same. Since the company sold an operating plant for $5 million at neither a gain nor a loss, the transaction does not affect the total assets of the company.

The cash received from the sale will increase the cash balance on the asset side, but this will be offset by the decrease in the value of the plant on the asset side. Therefore, the assets of the company will remain the same. The transaction does not affect the liabilities of the company.
Your answer: d) The assets of the company will stay the same.
Since the operating plant was sold for $5 million at neither a gain nor a loss, this means the value of the asset was also $5 million. In this transaction, the company has exchanged one asset (the operating plant) for another asset (cash) of equal value. Thus, the overall assets of the company remain the same.

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Vanessa uses credit cards because she likes to earn airline miles and cash-back rewards. She always pays off her balances in full each month and never has to pay interest or any finance charges. What is Vanessa in this scenario?

A.
a cosigner

B.
a credit counselor

C.
a convenience user

D.
a borrower

Answers

Answer:

c. a convenience user

Explanation:

i took test

Answer: c. a convenience user

Explanation:

What will you call an employee who prioritizes her own goals rather than the team’s goal?

Answers

Answer:

Selfish, self-centred, self-seeking, self-serving, tactless, greedy.

Multiple Choice
Which of the following illustrates why corn was such a precious commodity to Native Americans?
The kernels were easy to transport.
It was easy to plant and grew quickly.
o One kernel could produce one to two ears.
It could be grown in any type of soil.

Answers

It could be grown in any type of soil

If the expected rate of return on the market portfolio is 19 % and T-bills yield 7 %, what must be the beta of a stock that investors expect to return 16 %


What is the beta of stock?

Answers

Hello! To calculate the beta of a stock with an expected return of 16%, given the expected market return of 19% and T-bills yield of 7%, you can use the Capital Asset Pricing Model (CAPM) formula:

Expected Return = Risk-Free Rate + Beta * (Market Return - Risk-Free Rate)
Here's the step-by-step calculation:
1. Plug in the values into the CAPM formula:
16% = 7% + Beta * (19% - 7%)
2. Simplify the equation:
16% - 7% = Beta * 12%
3. Continue simplifying the equation:
9% = Beta * 12%
4. Solve for Beta:
Beta = 9% / 12%
5. Calculate the value of Beta:
Beta = 0.75

The beta of the stock is 0.75. This indicates that the stock is expected to move 75% of the market's movement, and it's less volatile compared to the market as a whole.

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The value attached to a property by a county assessor on which to base property tax computation is the ________.

Answers

The value attached to a property by a county assessor on which to base property tax computation is the "assessed value." The assessed value is an estimate of the property's worth as determined by the county assessor for taxation purposes.

The assessed value is typically a percentage of the property's market value, which is the price it would likely sell for in the open market. The specific percentage used to determine the assessed value can vary depending on local tax laws and regulations.

Property taxes are calculated based on the assessed value of a property and the applicable tax rate set by the local government. The tax rate is usually expressed as a percentage of the assessed value, and property owners are required to pay taxes on their property based on this assessed value.

It's important to note that the assessed value may not necessarily reflect the current market value of a property. Property assessments are usually conducted periodically, and changes in market conditions or property improvements may not be immediately reflected in the assessed value until the next assessment cycle.

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Which type of closing letter requests the employer to call you for an interview? a. active close b. passive close c. empty close d. interactive please select the best answer from the choices provided a b c d

Answers

The best answer from the choices provided is A: An active close letter is a type of closing letter that specifically asks the employer to call you for an interview.

It is a clear and proactive way to let the employer know that you'd like to schedule an interview.

This kind of concluding letter conveys your interest in employment, demonstrates your initiative, and conveys your self-assurance in your skills and abilities.

An active close also gives the company a chance to learn more about you and ask you any questions they might have.

The most effective technique to let the employer know that you're interested in the position and excited to meet with them for an interview is using this kind of closing letter.

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Differentiate between economic and non economic activity with example.​

Answers

Answer:

Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Economic, i.e. to earn money.

Explanation:

Answer:

Economic activities are performed for economic motive, i.e. earning profit. Any activities involving money or the exchange of products or services are economic activities.For instance, running a small business is a great example of economic activity.

On the other hand, non-economic activities are performed due to social or psychological reason. These are those activities which do not give income in return. They also do not contribute to the flow of goods and services in the economy.

Explanation:

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Two friends want to open a clothing consignment store. Individuals bring clothing to the consignment store and if the clothes sell, the consignment shop earns 60% and the customer receives 40% of the sale. What are the advantages of this type of business over other retail stores? Explain the advantages and disadvantages of operating this business as a sole proprietorship and a partnership

Answers

Answer:Some advantages of a consignment store are that if your your item sells both you and the business benifit. A disadvantage of a consignment store is that if the item doesnt sell the business doesnt profit and neither does the person who brought in the item. At other retail stores even if your item doesnt sell you still get the money but you dont get the item back so that could be an advantage or disadvantage.

Explanation:Some advantages of being a proprietorship and owning a consignment store is that you would get to keep all of the 60% sold of all profits.

A dsadvantage of being in a partnership and owning a consignment store would be that you would you would have to spilt the 60% with who ever you are partners with.

According to researchers at the Ohio State University leaders who use ( a. team managment style b. employee centered behavior c. initiating structure behavior ) define the leader–subordinate role formally and set clear expectations, but the same leaders can also show (a. consideration behavior b. middle of the road style c. taskorientation) taking a more friendly, supportive approach. In Blake and Mouton’s Leadership Grid, the style labeled (a. participative b. authority compliance c. employee centered) is most similar to the approach of leaders who demonstrate the (a. initiating structure b. consideration c.directive) behavior identified by researchers at the Ohio State University.

Answers

According to researchers at the Ohio State University, leaders who use the initiating structure behavior define the leader-subordinate role formally and set clear expectations, but they can also show consideration behavior by taking a more friendly, supportive approach. The style labeled employee centered in Blake and Mouton's Leadership Grid is most similar to the approach of these leaders.


researchers at the Ohio State University, leaders who use (c. initiating structure behavior) define the leader-subordinate role formally and set clear expectations, but the same leaders can also show (a. consideration behavior) taking a more friendly, supportive approach. In Blake and Mouton's Leadership Grid, the style labeled (a. participative) is most similar to the approach of leaders who demonstrate the (b. consideration) behavior identified by researchers at the Ohio State University.

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Trinity Ltd. wants to obtain debt financing to fund its expansion. What are the different sources from which it can raise this fund?
A. common stock and commercial banks
B. common stock and insurance companies
C. stock brokerage firms and insurance companies
D. preferred stock and stock brokerage firms

Answers

C is the right answer thank youuuu

Answer:

The correct answer is C.) Stock Brokerage Firms and Insurance Companies

Explanation:

Hope this helps :)

which activity is a consumer most likely perform?

Answers

Answer:

what are the options? consumers usually ask too many questions.

Explanation:

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Which of the following methods can be used to track goal progress? Check all that applySetting proximal and distal goalsMaintaining slack resourcesUsing options-based planningProviding performance feedback 6. What action should individuals take before an election if they areconcerned about environmental issues?a. volunteer in the communityb. learn what candidates think about environmental issuesc. attend a meeting sponsored by a large nonprofit organizationd. vote for candidates who support environmental issues Explain why the role of a consumer is important in an economic system i need answer not links Choose 5 of these words Write a short story using those 5 words OR write 5 sentences using those 5 words. achievement contribute issue legacy influence (influential) method protest social challenge historical figure Record three key points that describe Hindu beliefs about Karma: (6pts) consider transferring an enormous file of l bytes from host a to host b. assume an mss of 536 bytes. a. what is the maximum value of l such that tcp sequence numbers are not exhausted? recall that the tcp sequence number field has 4 bytes. Why must you know how to square numbers and find square roots to use the Pythagorean Theorem? In a 0.85 M aqueous solution of benzoic acid (CH,CO,H), what is the percentage of benzoic acid that is dissociated? You can find some data that is useful for solving this problem in the ALEKS Data resource. Round your answer to 2 significant digits. a letter to your teacher for not sending assignment on time. I need to find the missing side (x). PLEASE HELP I HAVE UNTIL TOMORROW AT 10AM the nineteenth-century mass, requiem mass, and oratorio group of answer choices were infrequently composed or performed. were small-scale works meant for home performances. were intended to be performed in church settings. were large-scale genres with enormous choral and orchestral resources. Modern Gemstone paid $155,000 in dividends and $220,000 in interest expenses. The addition to retained earnings is $325,000 and net new equity is $50,000. The tax rate is 25%. Sales are $1,600,000 and depreciation is $160,000. What are the earnings before interest and taxes? What do you prefer: online classes pe face to face? Why?Urgent!! Dau coroana!!! please help:) which answer represents 4.72 times 10 to the 10th power? A. 472,000,000,000 B. 4,720,000,000 C. 47,200,000,000 D. 472,000,000 Research warning signs of adolescent depression. what would you do and say if you saw warning signs of depression in a person you know? please develop your response to show thoroughness and understanding of the importance of your words; make them lead to the person taking some kind of positive action. How long would it take an oxygen molecule in blood to travel 1 meter if it did so by diffusion rather than by being transported by the circulatory system Some flatworms reproduce through fragmentation. What is a disadvantage of this ance You have an investment opportunity that will cost $10,000 today and will return $10,500 in one year. If interest rates are 8%, what is the NPV of this investment? OA-$277.78 OB. -$462.96 OC. $462 WILL GIVE BRAILIEST Which sentence best describes the Battle of Bunker Hill?ResponsesA: It was a victory for the Patriots after they were able to sink many British ships crossing the Charles River.B: The Patriots had plenty of gunpowder, but were defeated by a British naval bombardment.C: The British attacked head-on and eventually won the hills, but only after losing more than a thousand men.D: British soldiers ran out of gunpowder and fled after the Patriots started to advance across the Charles River.