Morgan Industrial Corp. paid a dividend yesterday of $3.00 per share. The dividend is expected to grow at a constant rate of 4.8% per year. The price of Morgan's common stock today is $30 per share. Calculate the cost of retained earnings.
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Calculate the cost of retained earnings for the financial accounting
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expected to grow at a constant rate of 4.8% per year. The price of Morgan's common stock
today is $30 per share. Calculate the cost of retained earnings."
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- The co. recently paid a $2.80 annual dividend (Do). This dividend increases at the rate of 3.8%/year. The stock price = $26.91 / share. What is the market rate of return? A. 13.88%B. 14.03 %C. 14.21 %D. 14.60 %Kinslow Manufacturing Company paid a dividend.... Please provide answer the financial accounting questionKrell Industries has a share price of $21.55 today. If Krell is expected to pay a dividend of $1.08 this year and its stock price is expected to grow to $24.57 at the end of the year. The dividend yeild is? (Round to one decimal place)The capital rate gain is? (Round to one decimal place)The total return is? (Round to one decimal place)
- RTF, Inc. common stock sells for $22 a share and pays an annual dividend that increases by 3.8 percent annually. The market rate of return on this stock is 8.2 percent. What is the amount of the last dividend paid?The common stock of Bethel Baked Goods is valued at $8.76 a share. The company increases its dividend by 1.5 percent annually and expects its next dividend to be $.65 per share. What is the required rate of return on this stock?Jiffy Co. expects to pay a dividend of $3.00 per share in one year. The current price of Jiffy common stock is $60 per share. What is the cost of internal common equity (retained earnings) if the long-term growth in dividends is projected to be 9 percent indefinitely? a. 15 percent b. 14 percent c. 16 percent d. 13 percent
- A company pays a current dividend of $1.20 per share of common stock. The annual dividend will increase by 3%, 4% and 5%, respectively, over the next three years, and by 6% per year thereafter. The appropriate discount rate is 12%. The current price of the stock is $20.06. What is the capital gain or loss on the stock over the past year?Janlea Co. had total net earnings of $158,600 this past year and paid out 60 percent of those earnings in dividends. There are 84,000 shares of stock outstanding at a current market price of $18.43 a share. If the dividend growth rate is 2.8 percent, what is the required rate of return?NTT Corp is expected to pay a $2.80 annual dividend to its common shareholders next year. Analysts expect these dividends to grow indefinitely at a 6.5 percent annual rate. If the required rate of return on the common stock is 10.8 percent, what is the intrinsic value of the common stock? a. $56.28 b. $61.44 c. $65.12 d. $69.35
- Suppose you purchased 70 shares of ABC., Inc. for $46.27 per share. The company paid a dividend of $1.6 per share during the year and had an ending share price of $43.2. What is the dollar return on your investment?Easttown Productions just paid an annual dividend of $7.85 per share. Future dividends are expected to increase by 2 percent annually. What is one share of this stock worth at a required rate of return of 12.25 percent? A. $78.12 B. $100.88 C. $95.02 D. $76.59 E. $64.08Fester Industries’ common stock is currently selling for $30.00 per share. Next year’s dividend (D1) is expected to be $1.26. If the required return on Fester’s common stock is 9.20%, what was the most recent dividend that Fester paid (D0)?
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