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Author Question: Calculating the modified internal rate of return on an Excel spreadsheet involves the use of the IRR ... (Read 124 times)

Starlight

  • Hero Member
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  • Posts: 567
on: Jul 10, 2018
Calculating the modified internal rate of return on an Excel spreadsheet involves the use of the IRR
  function multiple times, once using the financing rate, and once using the reinvestment rate.
 
  Indicate whether the statement is true or false

Question 2

Backford Company just paid a dividend yesterday of 2.25 per share. The company's stock is
  currently selling for 60 per share, and the required rate of return on Backford Company stock is
  16.
 
  What is the growth rate expected for Backford Company dividends assuming constant
  growth?
  A) 9.89 B) 11.81 C) 9.47 D) 10.87


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Anton

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


Starlight

  • Member
  • Posts: 567
Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

TheDev123

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  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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