The lo tech co just issued a dividend of 230 per share on, Finance Basics

+44 141 628 6080
[email protected]

The lo tech co just issued a dividend of 230 per share on

The Lo Tech Co. just issued a dividend of $2.30 per share on its common stock. The company is expected to maintain a constant 7 percent growth rate in its dividends indefinitely. If the stock sells for $43.10 a share, what is the company's cost of equity?

a- 7%
b-12.71%
c-12.34%

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The lo tech co just issued a dividend of 230 per share on

Reference No:- TGS0602260

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : After which growth should be at a constant rate of 6 the

after which growth should be at a constant rate of 6%. The last dividend paid was $1.00. What is the value Per share of your firm's stock?

Q : You own a portfolio that is 34 percent invested in stock x

You own a portfolio that is 34 percent invested in Stock X, 22 percent in Stock Y, and 44 percent in Stock Z. The expected returns on these three stocks are 11 percent, 18 percent, and 14 percent, respectively. What is the expected return on the po

Q : Identify at least two major historical turning points in

Identify at least two major historical turning points in the period under discussion and analyze the impact of the two or more major historical turning points selected on America's current society, economy, politics, and culture.

Q : An object is placed 645 cm from a screen find the

An object is placed 64.5 cm from a screen. Find the magnification of the lens

Q : The lo tech co just issued a dividend of 230 per share on

Q : Sixth fourth bank has an issue of preferred stock with a

Sixth Fourth Bank has an issue of preferred stock with a $6.10 stated dividend that just sold for $123 per share. What is the bank's cost of preferred stock?

Q : Jiminys cricket farm issued a 30-year 76 percent semiannual

jiminy's Cricket Farm issued a 30-year, 7.6 percent semiannual bond 6 years ago. The bond currently sells for 92.5 percent of its face value. The company's tax rate is 38 percent. What is the pretax cost of debt?

Q : The firm has been extremely successful thus far and has

The firm has been extremely successful thus far and has decided to incorporate and offer shares of stock to the general public. What is this type of an equity offering called?

Q : A biology student uses a simple magnifier to examine the

A biology student uses a simple magnifier to examine the structural features of an insect's wing. The wing is held 3.60 cm in front of the lens, What angular magnification is achieved

1922862

Questions
Asked

3,689

Active Tutors

1415889

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The lo tech co just issued a dividend of 230 per share on

Reference No:- TGS0602260

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : After which growth should be at a constant rate of 6 the

Q : You own a portfolio that is 34 percent invested in stock x

Q : Identify at least two major historical turning points in

Q : An object is placed 645 cm from a screen find the

Q : The lo tech co just issued a dividend of 230 per share on

Q : Sixth fourth bank has an issue of preferred stock with a

Q : Jiminys cricket farm issued a 30-year 76 percent semiannual

Q : The firm has been extremely successful thus far and has

Q : A biology student uses a simple magnifier to examine the

Medication for postoperative nausea and vomiting

Child prescribed prednisone for exacerbation of asthma

What if a parent of hispanc origin informs nurse of plans

How health care reimbursement is delivered

How to improve overall health of elementary school children

How would you instruct the patient to taper off clonazepam

How to prevent interference with an intravenous infusion

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The lo tech co just issued a dividend of 230 per share on

Reference No:- TGS0602260

Recent Questions Asked Finance Basics

Q : After which growth should be at a constant rate of 6 the

Q : You own a portfolio that is 34 percent invested in stock x

Q : Identify at least two major historical turning points in

Q : An object is placed 645 cm from a screen find the

Q : The lo tech co just issued a dividend of 230 per share on

Q : Sixth fourth bank has an issue of preferred stock with a

Q : Jiminys cricket farm issued a 30-year 76 percent semiannual

Q : The firm has been extremely successful thus far and has

Q : A biology student uses a simple magnifier to examine the

Asked Questions