Quinoa farms just paid a dividend of $2.95 on its stock. the growth rate in dividends is expected to be a constant 3.4 percent per year indefinitely. investors require a return of 15 percent for the first three years, a return of 13 percent for the next three years, and a return of 11 percent thereafter. what is the current share price

Answers

Answer 1

Based on the dividend growth rate and the required return on Quinoa Farms stock over the years, the current share price is $34.93.

What is Quinoa farm's current stock price?

This is the sum of the present values of the dividends using the various required returns.

The dividends for the years are:

Year 1:

= 2.95 x ( 1 + 0.034)

= $3.0503

Year 2:

= 3.0503 x ( 1 + 0.034)

= $3.1540

Year 3:

= 3.154 x 1.034

= $3.2612

Year 4:

= 3.2612 x 1.034

= $3.3721

Year 5:

= 3.3721 x 1.034

= $3.4868

Year 6:

= 3.4868 x 1.034

= $3.6053

Year 7:

= 3.6053 x 1.034

= $3.7279

This allows us to calculate the terminal value at year 6:

= 3.7279 / (11% - 3.4%)

= $49.05

The current price is:

= 3.0503 / 1.15 + 3.1540 / 1.15² + 3.2612 / 1.15³ + 3.3721 / (1.15³ x 1.13) + 3.4868 / (1.15³ x 1.13²) + 3.6053 / (1.15³ x 1.13³) + 49.05 / (1.15³ x 1.13³)

= $34.93

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Related Questions

Seven years ago, you paid $324,800 to purchase a rental house. the maintenance expenses average $200 a month and property taxes are $4,800 annually. the house was recently appraised at $439,500. if you sell the house you will incur $14,200 in selling costs. if you decide to use the house as your office, what value should you assign it

Answers

The value that would be assigned to this house if you decide to use it as your office would be $ 425300

How to solve for the value of the house using opportunity cost

To get the value of the house, you have to get the opportunity cost of the house. This is the foregone alternative or benefits forgone due to another choice.

The formula is opportunity cost = Apprised Value - Selling costs

The apprised value = $439,500.

selling cost =  $14,200

$439,500 - $14,200

= $ 425300

Hence the value that should be assigned to it is $ 425300

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1 pts Your friend wants to make a bet with you, and he gives you two options. If you choose Option 1, you will have an 80 percent chance of winning $100, but a 20 percent chance of losing $100. If you choose Option 2, you are guaranteed to win $5. If you are like most people when it comes to making decisions, you would probably choose ________ because of ________. Group of answer choices Option 1; confirmation bias Option 2: anchoring Option 1; the availability heuristic Option 2: loss aversion

Answers

A person, similar to most other people, in the situation given above will choose confirmation bias because of the loss aversion.

What is confirmation bias?

The general human tendency to decide or favor with a particular thing in such a way that there are no chances of losing, and it guarantees or confirms a benefit, is known as a confirmation bias.

Hence, options A-1; B-2 hold true regarding the confirmation bias in the given situation.

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If bonds are issued at a premium, the stated interest rate is:.

Answers

The bonds will be issued at A premium. If bonds are issued at a premium, the stated interest rate.

What is bond?

Bond is the kind of debt security, which a borrower is used to raise the money from the investor that wiling to pay the money after a particular span of time. If the person purchase a bond, they are lending money to the issuer.

Thus, it is The bonds will be issued at A premium.

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Pastries inc. sends rollo its catalogue showcasing a variety of baked goods for certain prices. this catalogue is: group of answer choices an invitation to negotiate, not an offer. an advertisement, not an offer. an offer. a request, not an offer.

Answers

The catalogue used by Pasties Inc is an example of an advertisement, not an offer.

What is an advertisement?

This means the promotion of a product to a target audience in order to attract interest, engagement and sales.

Here, the catalogue used by Pasties Inc is an example of an advertisement, not an offer.

Therefore, the Option B is correct.

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Producing a bill of materials is a business process in which of the following functional areas? Group of answer choices Manufacturing and production Finance and accounting Sales and marketing Research and development Human resources

Answers

Producing a bill of materials is a business process in the functional area known as A. Manufacturing and production.

What is production?

It should be noted that production simply means the creation of a particular good that can be used by the consumers.

In this case, producing a bill of materials is a business process in the functional area known as manufacturing and production.

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Which account does not appear on the balance sheet indeed?.

Answers

The accounts of off-balance sheet assets do not appear in the balance sheet of a business organization.

What are off-balance sheet assets?

The assets which are certain for a business, but are not allowed to be recorded in the balance sheet as per the accounting standards, are known as the off-balance sheet assets.

Hence, the significance of off-balance sheet assets is given above.

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Which is a private, not-for-profit organization that assesses the quality of managed care plans in the United States and releases the data to the public for consideration when selecting a managed care plan

Answers

The national committee for Quality Assurance is a  private, not-for-profit organization that assesses the quality of managed care plans.

What is the role of the national committee for Quality Assurance

The functions that this committee serves in the United States are:

They help to improve the quality of health care in the country.They help to provide evidence based standards in the nation.They also help with quality assurance and performance checks.They measure health programs and also help in their accreditation.

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1 pts Compassion International is a nonprofit organization dedicated to releasing poor children from spiritual, economic, social and physical poverty. What would be the most likely goal for an advertising campaign for this international organization

Answers

The most likely goal for an advertising campaign for this international organization is how to tackle poverty.

What is poverty?

It should be noted that poverty simply means a situation whereby one is poor to afford the basic and necessary things that they want.

In this case, the most likely goal for an advertising campaign for this international organization is how to tackle poverty.

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Question 18 of 20
Increasing her income is one way that Sasha can:
O A. reduce her monthly spending.
O B. lower her monthly expenses.
C. manage additional expenses in her budget.
D. manage additional financial loss.

Answers

Sasha can manage additional expenses in her budget by increasing her income. Hence, Option C is the correct statement.

What do you mean by income?

Income is described in exceptional methods relying on the context for example, for functions of taxation, financial accounting, or monetary analysis. For people and businesses, earnings usually manner the value or quantity that they obtain for their labor and products.

Hence, Sasha can manage additional expenses in her budget by increasing her income. Option C is the correct statement.

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Answer:

manage additional expenses in her budget

Explanation:

just took test

What can happen to individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries

Answers

Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy

What is traditional economy?

The economy is based on small scale selling of goods and exchange of product for survival.

The economy is unstable and hard to monitor while Individual operating the economy are not subject to what they have.

Therefore, Individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-income and middle-income countries operate on traditional economy.

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When selecting a mentor, which of the following should be considered? (Select all that apply)

the mentor’s age
what skills the mentee needs to develop
the communication skills of the mentor and mentee
how much the mentor makes each year

Answers

What should be considered when choosing a mentor are;

what skills the mentee needs to develop

the communication skills of the mentor and mentee.

Who is a mentor?

A mentor can be regarded as the person who could be an expert that gives advice an direction about a subject plan.

Therefore, it's important to know skills the mentee needs to develop.

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Resources needed to provide goods or services are called

Answers

Answer:

Factors of production

Explanation:

because the goods/services need to be produced

I hope this answered your question! Have a nice day! ^ ^

Answer: factors of production

Explanation:

I just took the edg. test  

You are going to deposit $20,500 today. you will earn an annual rate of 3.9 percent for 14 years, and then earn an annual rate of 3.3 percent for 17 years. how much will you have in your account in 31 years

Answers

You are going to deposit $20,500 today, what you will have in your account in 31 years is mathematically given as

A=60824.276

What is Compound Interest?

Generally, the equation for Compound Interest is mathematically given as

A=P(1+r/100)^n

Therefore

A=$20500*(1.039)^14*(1.033)^17

A=$20500*2.967038158

A=60824.276

In conclusion, the compound interest

A=60824.276

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A data analyst at a nonprofit organization is working with a dataset about a summer fundraiser. Although they have a lot of useful data by the end of the month, they recognize that the data is insufficient. So, they decide to wait until the end of the season to begin working with the dataset. Which type of insufficient data does this example describe?

Answers

The type of insufficient data does this example describe is: Data that keeps updating.

Who is a data analyst?

A data analyst can be defined as a person that  help to collect data or information so to discover information  that may be use during decision making process.

In as situation where their is insufficient or enough data despite having useful data  this means that keeps updating.

Therefore this is an example of Data that keeps updating.

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The accounting information of a privately held company is generally available to all of the following except for Group of answer choices competitors governmental agencies investors creditors and lenders

Answers

The accounting information of a privately held company is generally available to all of the following except for A. Competitors.

What is a privately held company?

A privately held company is a private company.

It does not sell its stock or shares to the public.

Examples of privately held companies include:

Sole proprietorshipsLimited liability corporations (LLCs)S corporations (S-corps)Some C corporations (C-corps).

Thus, the accounting information of a privately held company is generally available to all (governmental agencies, investors, creditors, and lenders) except for A. Competitors.

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Why do you think landlords care about an applicants credit score when deciding whose application to accept for a rental apartment?

Answers

Answer:

So they can have an idea on who is more trustworthy on making their payments on time. Better credit, more trustworthy.

Explanation:

trust

When a manager makes scheduling decisions, he or she is making __________,
A. non-programmed, strategic decisions
B. non-programmed, operational decisions
C. programmed, operational decisions
D. programmed, strategic decisions

Answers

Answer:

D. Programmed, strategic decisions

Explanation:

This is because they usually print the schedule with a strategic technique that allows everyone to work equal hours every week.

What happens when a driver selects the driving range option from 2023 leaf’s available ev info menu?.

Answers

When a driver selects the driving range option from 2023 leaf’s available info menu a map displays the driving range. This is further explained below.

What is driving?

Generally, driving is simply defined as the factors that are initiated to moving a car or vehicle.

In conclusion, An interactive driving range map appears in the 2023 leaf's accessible information menu when a driver picks the option.

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Magda is the CEO of a home electronics corporation. She wants to provide benefits for her employees but would still like to control the company's costs. Salena, the head of the HR department, suggests implementing a cafeteria-style plan. What would be the most likely benefit of Magda doing so

Answers

Magda will be benefited by attracting new employees and the retention of the employees in the organization.On cafeteria-style benefit plans, they do not have to pay FICA.

What is cafeteria-style benefits plans?

Cafeteria-style benefits plans is the benefit provided to the employees by reducing their tax liability. It gives the chance to the employees to choose the pre-tax benefits.

The most likely benefit that Magda would receive on this plan would be of the existing employees retention and their loyalty with satisfaction. They do not need to pay FICA on cafeteria-style benefits plans.

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Lola is in the process of selecting a campaign type to suit her business objectives. Why is it important that she consider business objectives before choosing her campaign type?

Answers

Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.

What are Business Objectives?

Business objectives provide you the ability to monitor yourself and what kind of progress you are making. They offer a vital test that maintains you from turning blinded by your bias.

Objectives additionally assist to evaluate the personnel, in addition, to allowing personnel compare themselves.

Therefore, Digital advertisement services will mechanically create advert messaging based on the marketing campaign kind Lola chooses. The marketing campaign kind selected will decide which advertisements seem and the layout of these advertisements.

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When consumers start searching for ways to satisfy needs, their internal search is characterized by A. consulting close friends and families before expanding the search to a wider, external group. B. the influence of advertising. C. looking through the internal records of a firm, often found on the company website. D. examining personal memories and knowledge. E. using the Internet to find what other consumers feel about a specific product or service.

Answers

Using the Internet to find what other consumers feel about a specific product or service is the  internal search is characterized, When consumers start searching for ways to satisfy needs.

How internet is helpful in finding out about things?

Internet is very useful in many ways for the consumers, some of them are-

It facilitates the person in viewing the reviews of the other person's views on the specific thingsit helps in finding out the best things that a person suits for themIt provides easy ecommerce service From which a person can buy things.It provides easy return, if something is not appropriate to use.

Thus, option E is correct.

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The unexpected results in the first set of Hawthorne Experiments that led to the second set of experiments was: Multiple choice question. productivity continued to increase regardless of changing conditions productivity decreased when the lighting was reduced productivity continued to decrease regardless of changing conditions productivity decreased when the temperature was reduced

Answers

The unexpected results in the first set of Hawthorne Experiments that led to the second set of experiments was that productivity continued to increase regardless of changing conditions.

What is  Hawthorne Effect?

The Hawthorne Effect is when that explains that changes were made to   subjects of an experimental , the study can changes because of evaluation or study.

Therefore, Hawthornes, made us to understand through his experiment that  productivity continued to increase regardless of changing conditions.

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Answer:

productivity continued to increase regardless of changing conditions

researchers, realize there had to be another factor affecting productivity

researchers, thought they had failed due to unexpected results

Explanation:

Garcia Manufacturing uses activity-based costing. It budgets $6,644,000 of overhead cost to dispose of 15,100 tons of hazardous waste. The activity rate for hazardous waste disposal based on tons of hazardous waste is:

Answers

Based on the budget for the disposal of the waste and the quantity of the waste, the activity rate is $440 per ton.

What is the activity rate for the hazardous waste disposal?

This can be found as:

= Total cost budgeted / Tons of waste

Solving gives:

= 6,644,000 / 15,100

= $440 per ton

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During market testing, Rembrandt Cosmetics realized that the cosmetics industry was dominated by multiple, well-established brands. These brands mostly sold their products in exclusive outlets and departmental stores. Rembrandt Cosmetics management realized that a new entrant would require a different business model to be successful. Thus, Rembrandt Cosmetics started selling its products through direct marketing. In this scenario, Rembrandt Cosmetics accomplished substitution primarily through

Answers

In the given scenario, Rembrandt Cosmetics accomplished its substitution primarily through strategic planning of equivalence.  

What is strategic planning?

When the differences between two different strategic plans are identical, with other things being constant, such a situation is called as a strategic planning of equivalence.

Hence, strategic planning holds true regarding the given situation.

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Which famous landmark has an apartment built on top of it?.

Answers

The famous landmark that has an apartment built on the top of it is the Eiffel Tower.

Answer:

Eiffel Tower

Explanation:

I took the test

explain the effect of climate change in the economy of nepal​

Answers

Nepal suffers excessive monetary expenses because of modern weather variability and extremes: the envisioned direct cost of those influences is equal to 1.5–2% of modern GDP/year. This is excessive via way of means of global levels.

What is the climate of Nepal?

The weather in Nepal varies from subtropical withinside the lowlands to chilly excessive-altitude weather withinside the mountains.

The country reports five unique seasons: summer, monsoon, autumn, iciness, and spring. During iciness, the Himalayas block the cold air, inflicting it to be pretty heat south of the Himalayas.

Therefore, Nepal suffers a huge economic loss due to the climatic conditions prevailing in the country.

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When the plan to advertise in developing countries on the sides of buses fell through because of legal barriers, Mya brought her team together and charged them with coming up with a substitute advertising channel. She gave them the full authority to solve the problem and implement the solution. Mya is a manager who practices _______ with her employees.

Answers

Mya is a manager who practices intellectual stimulation with her employees.

What is intellectual stimulation?

Intellectual stimulation can be defined as a form of leadership style in which a manager (leader) encourages innovation and creativity among his or her subordinates (employees), as well as critical thinking and problem-solving skills.

In this context, we can infer and logically deduce that Mya is a manager who practices intellectual stimulation with her employees because she gave them full authority to solve the advertising problem and implement the solution.

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Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. Noticing the rising popularity of rhinestone jewelry and the fact that only a handful of stores actually stocked it, she decides to take advantage of the latent demand in the market. Margene knows that she is taking a risk by committing organizational resources to pursuing this idea, but she is confident about the merit of her decision. In deciding the allocation of resources for attaining her goals, which managerial task is Margene performing?

Answers

As the Margene is the product manager at fashions ltd., a company that designs and manufactures clothes and fashion accessories. The managerial task performed by Margene is planning.

What are resources?

Resources refer to the materials available in the environment that are technologically accessible and help in the satisfaction of needs and wants.

Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. In deciding the allocation of resources for attaining her goals, the managerial task performed by Margene is planning.

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Equity theory states that employees will perform well if they Multiple Choice understand the nature of their responsibilities. have an opportunity to impress others in the organization. believe the reward they receive fairly compensates them for their efforts when compared to others in similar positions. know that their supervisor has set reasonable performance goals and communicated them clearly.

Answers

According to the Equity Theory, the employees will perform well when they believe that the reward given to them for their efforts would be fair compensation in comparison to the employees in similar roles.

Option C is the correct answer.

Who formulated the Equity Theory?

The Equity Theory was formulated by John Adams in the year 1963 being the theory of motivation in the jobs.

Equity Theory is focused on providing equal benefits to employees with similar profiles. It requires that the resources should be fairly allocated between the identical roles performed by the employees. It could be identified by the ratio of contribution to be equal to rewards for each employee.

Therefore, the explanation provided in part C would describe the equity theory of motivation.

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I WILL GIVE BRAINLIEST!!!

How does scarcity affect a society like Venezuela?

Answers

Answer:

scarcity affect a society like vanezuela by following ways:

they may suffer from different types of diseases due to insufficient of nutritious food.

It may also lead to people's death

As the people will be weak because of scarcity there will be less development

People will have conflicts for survival and food

Explanation:

.........

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