Apocalyptica Corp. pays a constant $18 dividend on its stock. The company will
maintain this dividend for the next 4 years and will then cease paying dividends
forever. If the required return on this stock is 7.78 percent, what is the current share
price?​

Answers

Answer 1

Given :

Apocalyptica Corp. pays a constant $18 dividend on its stock.

The company will  maintain this dividend for the next 4 years and will then cease paying dividends  forever.

To Find :

If the required return on this stock is 7.78 percent, what is the current share

price.

Solution :

Current price ( After 4 hours ) :

[tex]C.P = 18[\dfrac{1}{(1+0.10)^1}+\dfrac{1}{(1+0.10)^2}+\dfrac{1}{(1+0.10)^3}+\dfrac{1}{(1+0.10)^4}]\\\\C.P=\$57.058[/tex]

Therefore, current share  price is $57.058 .

Hence, this is the required solution.


Related Questions

During flu season, there were 93 students out of school on a particular day. If this is 12% of the total number of students at the school, how many total students are enrolled at the school?

Answers

775 students.
12/100=93/?
100x93=9300
9300/12=775

The total students that are enrolled at the school is = 868 students

Calculation of total students

In the flu season the number of students absent from school = 93

The percentage of students absent from school = 12%

If 93 students = 12%

X students = 100%

Make X the subject of formula,

X = 93× 100/12

X= 9300/12

X = 775

Therefore, 775 + 93 = 868

The total students that are enrolled at the school is = 868 students.

Learn more about percentage here:

https://brainly.com/question/24304697

#SPJ2

Matt is going to sign up for the "Fruit of the Month Club." He must pay a $25 enrollment fee, as well as $17 each month to continue his membership. He is going to stop receiving fruit once he has spent $280. Write the equation of this problem in Slope-Intercept form (hint: y=mx+b): How much as he spent on fruit after 5 months? In how many months until he has spent $280?

Answers

Answer:

He spent on fruit after 5 months is $110.

In 15 months he spent $280.

Step-by-step explanation:

Fixed pay for membership is $25

And enrollment fee is $17 for each month.

The equation represents this situation is

y= 17 x + 25

He is going to stop receiving fruits once he spent $280.

Now, to find how much he spent on fruit after 5 months is plugin x as 5 into

y=17x+25 for x

y=17(5)+25

y=85+25

y=110 dollars

Now, to find how many months until $280 is to plug in y as 280 then solve the equation for x.

280 = 17 x+25

Subtract both sides 25

255 =17 x

Divide both sides by 17

x= 15 months

The number of pages Caitlin reads over time is shown in the table below.
Caitlin's Reading Log
Hours
2 4 5
Number of Pagos 90 180 225
Part A. What is Caitlin's rate of reading?
Part B. Victoria reads at the rate of 60 pages per hour. What is the difference in the number of pages Victoria and Caitlin will read in 6 hours?
Enter the correct numbers in the boxes.
A.
pages per hour
B.
pages

Answers

part a. 45 pages/ hour
part b. the difference is 90 pages

Eight more than the number n is equal to 25. find the number n

Answers

N is 17

8 + n = 25

subtract 8 from both sides

n = 17

if a is perpendicular to b and b is parallel to c ,
how does a and c relate

Answers

A is perpendicular to c

If f(x) = 5x/3 + 5, which of the following is the inverse of f(x)?

Answers

C! I think! Not too sure

what is the value of xy/z if x= 4, y = -3, and z = -2?

A. -1/6
B. -6
C. 1/6
D. 6

Answers

A. -1/6
Lmk if it’s the right answer

Sketch a graph to represent the situation. Label each section.
You buy two shirts. The third one is free.
all and

Answers

Answer:

for every 2 shirts, the 3rd is free

Step-by-step explanation:

—7y - 17 = -38 show your work​

Answers

Answer:

y = 3

Step-by-step explanation:

Given

- 7y - 17 = - 38 ( add 17 to both sides )

- 7y = - 21 ( divide both sides by - 7 )

y = 3

Answer:

[tex]y=3[/tex]

Step-by-step explanation:

[tex]-7y - 17 = -38[/tex]

Add 17 both sides

[tex]-7y - 17 + 17= -38+17[/tex]

[tex]7y= -21[/tex]

Divide both sides by -7

[tex]\dfrac{-7y}{-7}=\dfrac{-21}{-7}[/tex]

[tex]y=3[/tex]

There are b people on a bus at the next stop 7 people get off and 10 more get on how many more people are on the bus now

Answers

Answer:

b-7+10

Step-by-step explanation:

If there is no specific number or if there isn't anything as an equal sign then there is only that

Find an equation of the line passing through each of the following pairs of points (−3, 1), (0, 3)

Answers

Answer:

y= 2/3x +3

Step-by-step explanation :

The number -2 is a solution to which of the following inequalities?

x + 7 > 5
-3 x 10

Answers

Answer:

x -7 < -4

Step-by-step explanation:

d/4=9 what is d? pls help‼️

Answers

32. The top number is being divided by 4 and 32 divided by 4 is 9.

Tuliskan hasil Perkarian bentuk aljabar berikut​

Answers

Step-by-step explanation:

its a photo hope this will help you

mark me as brainlest

Solve the literal equation
x = a + b + c
————
ab

Answers

Answer:

a = xab/(b + c)

Step-by-step explanation:

x = (a + b + c)/ab

Isolate the variable by multiplying/dividing everything, but variable a to both sides

x × ab/(b+ c) = (a + b + c)/ab × ab/(b + c)

xab/(b + c) = a

The sum of two consecutive odd integers the first of which 2n+1

Answers

Answer:

4n+4

Step-by-step explanation:

If the first odd integer is 2n+1, the second must be 2n+3.

Add them and get 2n+1+2n+3 = 4n+4.

Example: if n=5 the numbers are 11 and 13 and their sum is 24

4*5 + 4 = 24.

Please Help!!! I am in a Quiz!!!!!!!!!!!!!


A best-selling book is 2 11/16 inches thick. How many copies of the book would fit on a bookstore shelf that is 30 inches long?

Answers

6 books I think lol

Answer:

Step-by-step explanation:

1 think 12 or 13

Mary decided to start walking her dog 3 miles each week.
How many miles per day must she walk the dog?

Answers

Answer:

21

Step-by-step explanation:

Answer:

1.5

Step-by-step explanation:

Im not sure but this is my best answer

Can someone help me I will give extra points and whoever is first I will mark as Brainliest

Answers

Acceleration-
Def: a noun, a vehicle's capacity to gain speed within a short time.
Ex: the acceleration of the car was high because the gas was just filled.
Non ex: acceleration cannot be defined as gravity to an object such as an apple.
Atmosphere-
Def: a noun, the envelope of gases surrounding the earth or another planet.
Ex: the atmosphere is so dense I cannot breathe.
Non ex: an atmosphere cannot be described as air in a jar or inside an object.
Contact-
Def: a noun, the state or condition of physical touching.
Ex: I love when we make contact because it reminds me of when we first met.
Non ex: contact cannot be used as a mentality, it is physical
Earth-
Def: a noun, the planet on which we live; the world. (Girl come on this one aint that hard)
Ex: I love living on earth because I can breathe both nitrogen and oxygen and survive.
Non ex: earth is the place we live do not confuse it with mars or Uranus
Force-
Def: a noun, strength or energy as an attribute of physical action or movement.
Ex: may the force be with you obi one kenobi
Non ex: force is not a light tap it is a harsh push
Frame of reference-
Def: a noun, a set of criteria or stated values in relation to which measurements or judgments can be made.
Ex: he interprets what he sees in terms of his own cultural frame of reference
Non ex: frame of reference cannot be determined when an object is not moving
Friction-
Def: a noun, the resistance that one surface or object encounters when moving over another.
Ex: when we touched, the friction was so hot (jk don’t say that. Say: there’s no friction between the moon and earth because of their orbit)
Non ex: friction cannot be determined when two objects (or people lol) are not in physical contact
Kinetic energy-
Def: a noun, energy which a body possesses by virtue of being in motion.
Ex: the horse was running in which kinetic energy was made.
Non ex: kinetic energy is only when something is moving so a still object does not have kinetic energy
Kinetic friction-
Def: noun, a force that acts between moving surfaces
Ex: the kinetic friction occurred because of the two soccer balls that hit.
Non ex: kinetic friction is not when two things aren’t moving.

Bro hope that helped but do your hw because this is simple stuff. If you don’t mark as brainliest im reporting

What is the equation of the line that passes through the point (-3,2) and has a slope of -3

Answers

Answer:

y=  -3x-7

Step-by-step explanation:

In golf, a golfer must have a score of 0 in order to be at par. A golfer scores 4 above par on the first hole, 3 below par on the second hole, and 1 below par on the third hole. Write an expression to solve for their score. What is the golfer's score?

Answers

Answer:

The expression to solve the golfer's score is X = A + B + C

The golfer's score is 0 (The golfer is at par)

Step-by-step explanation:

The given information are;

The score the golfer must have = 0

The score, A, the golfer has on the first hole = +4

The score. B, the golfer has on the second hole = -3

The score. C, the golfer has on the third hole = -1

Therefore, the expression to calculate the golfer's score, X, is given as follows;

The golfer's score = The score the golfer has on the first hole + The score the golfer has on the second hole + The score the golfer has on the third hole

The expression to solve the golfer's score is given as follows;

X = A + B + C

The golfer's score = 4 - 3 - 1 = 0

The golfer's score = 0.

Answer:

3

Step-by-step explanation:

List 2 integers that have a difference of -3

Answers

Answer:

0-3

Step-by-step explanation:

From what I undersand when you subtract the two they have to equal negitive three

Step-by-step explanation:

3-6= -3-5+2= -3Hope it helps

Help please!!! Anything would be appreciated :3

Answers

Assuming it’s a regular polygon :225

how do i find the inverse of f(x) = (6x + 3)/(x-8)

Answers

F-1(x)=3+8x/x-6 this is the inverse

Answer:   [tex]f^{-1}(x)=\dfrac{8x+3}{x-6}[/tex]

Step-by-step explanation:

To find the inverse, swap the x's and y's and solve for y.  Note that f(x) is y.

[tex]\underline{\text{Given:}}\\y=\dfrac{6x+3}{x-8}\\\\\\\underline{\text{Swap the x's and y's:}}\\x=\dfrac{6y+3}{y-8}\\\\\\\underline{\text{Solve for y:}}\\x(y-8)=6y+3\\\\xy-8x=6y+3\\\\xy-6y=8x+3\\\\y(x-6)=8x+3\\\\\large\boxed{y=\dfrac{8x+3}{x-6}}[/tex]

#6 please help me gang

Answers

8.1 divided by 0.3 =27

above it says find the missing angle measurement.

Answers

Answer:

1) 53

2) 35

3) 28

4) 42

Step-by-step explanation:

Sum of angles in all triangles is 180 so add the two known angle measurements and subtract from 180.

Help me with this question, please. Im stuck.

Answers

The answer is A, x=7/3

Decimal form would be x=2.3...

And mixed number form would be x=2 1/3

The table compares the shoes worn by customers in an ice cream shop and the ice cream flavor that they picked. Can ice cream flavor be represented as a function of the type of shoe? Shoe type Ice cream flavor Boots Strawberry Loafers Vanilla Sandals Chocolate High-heels Banana Flip-flops Pineapple Moccasins Chocolate Sandals Banana Loafers Vanilla Choose 1 answer: Choose 1 answer: (Choice A) A Yes (Choice B) B No

Answers

the answer is no.

bajaabjshsiwhdd

Answer:

No

Step-by-step explanation:

Find the value of p(1) if p(x) = (2x-5)(x-1) *
(a)1
(b)4
(c)0
(d)2
Please answer it very fast. I want it now.

Answers

The answer is 0 because if you substitute x with 1 and solve the equation you get 0

HELPPPPPPPPP PLEASEEEEEEE

Answers

Answer:

h=[tex]\frac{b\sqrt{3} }{2}[/tex]

Step-by-step explanation:

The answer is 1.5470
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