Answered: Last year you bought the Viking Mutual… | bartleby

FINANCIAL ACCOUNTING

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Last year you bought the Viking Mutual Fund,
which has total assets of $240 million,
liabilities of $10 million, and 15 million shares
outstanding.
a) What is the net asset value per share?
b) If the current price is $18, is this a good
deal? (Yes or No)
Round to the nearest cent. DO NOT INCLUDE
COMMAS OR $.
Submit

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In you cash account, you buy 100 shares of XYZ Corporation at a price of $10 per share. Two months later, XYZ pays a dividend $0.21 per share. You sell all 100 shares of XYZ three months later at a price of $12 per share. What is your total return on this trade in dollar amount?
don't provide handwritten solution.
Abel, Inc. just paid a dividend of $3.0 per share and you think they will continue to pay $3.0 per year indefinitely. If the appropriate discount rate is 11%, how much should the price of a share be? (Answer to the nearest penny.)
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Weston Corporation just paid a dividend of $2.75 a share (i.e., D0 = $2.75). The dividend is expected to grow 9% a year for the next 3 years and then at 5% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent. D1 = $ D2 = $ D3 = $ D4 = $ D5 = $
Weston Corporation just paid a dividend of $3.5 a share (l.e., Do = $3.5). The dividend is expected to grow 12% a year for the next 3 years and then at 3% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round Intermediate calculations. Round your answers to the nearest cent. D1 $ D₂ = $ D3=$ D4=$ Ds = $
Weston Corporation just paid a dividend of $2.5 a share (i.e., Do = $2.5). The dividend is expected to grow 12% a year for the next 3 years and then at 4% a year thereafter. What is the expected dividend per share for each of the next 5 years? Do not round intermediate calculations. Round your answers to the nearest cent. D₁ = $ D₂ = $ D3 = $ D4 = $ D5 = $
Please answer is 24840, only post if your answer comes this with explanation and concept. Thabks!

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