Dividends on CCN corporation are expected to grow at a 9% per year. Assume that the discount rate on CCN is 12% and that the expected dividend per share in one year is $0.50. CCN has just paid a dividend, so the next dividend is the $0.50 to be paid one year from now. Calculate today's price per share for CCN. *Make sure to input all currency answers without any currency symbols or commas, and use two decimal places of precision.
Dividends on CCN corporation are expected to grow at a 9% per year. Assume that the discount rate on CCN is 12% and that the expected dividend per share in one year is $0.50. CCN has just paid a dividend, so the next dividend is the $0.50 to be paid one year from now.
Assume that CCN's return on equity (ROE) is 12%. What fraction of earnings must CCN be plowing back into the company?
*Make sure to input all fraction answers as such: (numerator)/(denominator)
\frac{1}{2}21 = 1/2
8.
Question 8
Dividends on CCN corporation are expected to grow at a 9% per year. Assume that the discount rate on CCN is 12% and that the expected dividend per share in one year is $0.50. CCN has just paid a dividend, so the next dividend is the $0.50 to be paid one year from now.
Calculate the expected price per share 14 years from now. Assume that a dividend has just been paid.
*Make sure to input all currency answers without any currency symbols or commas, and use two decimal places of precision.
7.
Question 7
Dividends on CCN corporation are expected to grow at a 9% per year. Assume that the discount rate on CCN is 12% and that the expected dividend per share in one year is $0.50. CCN has just paid a dividend, so the next dividend is the $0.50 to be paid one year from now.
Calculate today's price per share for CCN.
*Make sure to input all currency answers without any currency symbols or commas, and use two decimal places of precision.
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