This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Nike's common shares are currently trading at 57.12. Dividends on this stock are paid annually and ... (Read 69 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jul 10, 2018
Nike's common shares are currently trading at 57.12. Dividends on this stock are paid annually and are expected to grow at 2 per annum in perpetuity. Shareholders required return on this investment of 3.
 
  The most recent dividend was paid yesterday and the next dividend will be paid in one year. How big was yesterday's dividend?
  A) 0.55
  B) 0.56
  C) 0.57
  D) 0.60
  E) 0.62

Question 2

Jordan will need 20,000 at the end of 6 years to put a down payment on a house. What rate of return will he need to earn if he can invest 12,250 today?
 
  A) 8.5
  B) 7.5
  C) 8.0
  D) 9.0
  E) 9.5


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Yixagurpuldink

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

A


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 10, 2018
Gracias!

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Several common functional groups in a single biomolecule Several common functional groups in a single biomolecule
Common skin signs are often evidence of an illness or disorder. A vesicle is a small fluid filled ... Common skin signs are often evidence of an illness or disorder. A vesicle is a small fluid filled ...
Some common eye disorders. (D) Conjunctival hemorrhage of the right eye of this patient with ... Some common eye disorders. (D) Conjunctival hemorrhage of the right eye of this patient with ...
Common Typical "Older" Antipsychotics Common Typical "Older" Antipsychotics
Common Prefixes Cont. Common Prefixes Cont.
Common Indicators for Genetic Counseling Referral Common Indicators for Genetic Counseling Referral
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library