Author Question: Data for a share of common stock of ABC Company appear below: Dividend: 2005 actual 1.000 2006 ... (Read 52 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
Data for a share of common stock of ABC Company appear below:
 
  Dividend: 2005 actual  1.000
   2006 actual 1.100
   2007 actual 1.210
   2008 expected 1.331
  Current market price per share: 20.000
 
  Assuming the dividend pattern above will continue in the future and also assuming that it is the first of January, 2008, the estimated current return for the stock is
  A)
 
  6.67.
  B)
 
  10.00.
  C)
 
  5.05.
  D)
 
  16.67.

Question 2

In preparing a cash budget, the ________ seasonal and uncertain a firm's cash flows, the ________ the number of budgeting intervals it should use.
 
  A) more; greater
  B) more; fewer
  C) less; greater
  D) less; fewer



mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library