SlideShare ist ein Scribd-Unternehmen logo
1 von 1
Downloaden Sie, um offline zu lesen
Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the
stock over the next nine years because the firm needs to plow back its earnings to fuel growth.
The company will pay a dividend of $14 per share 10 years from today and will increase the
dividend by 3.9 percent per year thereafter. If the required return on this stock is 11.5 percent,
what is the current share price? (Do not round intermediate calculations and round your answer
to 2 decimal places, e.g., 32.16.)

Weitere ähnliche Inhalte

Mehr von americandigitalshop

1. Which of the following could pose a challenge in building partner.pdf
1. Which of the following could pose a challenge in building partner.pdf1. Which of the following could pose a challenge in building partner.pdf
1. Which of the following could pose a challenge in building partner.pdfamericandigitalshop
 
Mike is a graduating high school student. He received an outstanding .pdf
 Mike is a graduating high school student. He received an outstanding .pdf Mike is a graduating high school student. He received an outstanding .pdf
Mike is a graduating high school student. He received an outstanding .pdfamericandigitalshop
 
Mrs. Adams has experienced gradual but significant hearing loss and.pdf
 Mrs. Adams has experienced gradual but significant hearing loss and.pdf Mrs. Adams has experienced gradual but significant hearing loss and.pdf
Mrs. Adams has experienced gradual but significant hearing loss and.pdfamericandigitalshop
 
mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdf
 mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdf mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdf
mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdfamericandigitalshop
 
Michael has utility over going to Yoga (y) and going to a museum (m) .pdf
 Michael has utility over going to Yoga (y) and going to a museum (m) .pdf Michael has utility over going to Yoga (y) and going to a museum (m) .pdf
Michael has utility over going to Yoga (y) and going to a museum (m) .pdfamericandigitalshop
 
Meiosis and mitosis are both forms of cell division. However, the out.pdf
 Meiosis and mitosis are both forms of cell division. However, the out.pdf Meiosis and mitosis are both forms of cell division. However, the out.pdf
Meiosis and mitosis are both forms of cell division. However, the out.pdfamericandigitalshop
 
Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdf
 Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdf Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdf
Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdfamericandigitalshop
 
me Insert Draw Page Layout Formulas Data Review View Automate Tel.pdf
 me Insert Draw Page Layout Formulas Data Review View Automate  Tel.pdf me Insert Draw Page Layout Formulas Data Review View Automate  Tel.pdf
me Insert Draw Page Layout Formulas Data Review View Automate Tel.pdfamericandigitalshop
 
Match the terms with its best definition or description. Basic Eaming.pdf
 Match the terms with its best definition or description. Basic Eaming.pdf Match the terms with its best definition or description. Basic Eaming.pdf
Match the terms with its best definition or description. Basic Eaming.pdfamericandigitalshop
 
Match the words in the lenthand column to the appropriate blank in th.pdf
 Match the words in the lenthand column to the appropriate blank in th.pdf Match the words in the lenthand column to the appropriate blank in th.pdf
Match the words in the lenthand column to the appropriate blank in th.pdfamericandigitalshop
 
Match the vitamin or mineral with a good food source. There is ONLY o.pdf
 Match the vitamin or mineral with a good food source. There is ONLY o.pdf Match the vitamin or mineral with a good food source. There is ONLY o.pdf
Match the vitamin or mineral with a good food source. There is ONLY o.pdfamericandigitalshop
 
Mediate the movement of a single solute from one side of the membrane.pdf
 Mediate the movement of a single solute from one side of the membrane.pdf Mediate the movement of a single solute from one side of the membrane.pdf
Mediate the movement of a single solute from one side of the membrane.pdfamericandigitalshop
 
Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdf
 Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdf Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdf
Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdfamericandigitalshop
 
Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdf
 Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdf Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdf
Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdfamericandigitalshop
 
Matching- some answers may be used more than once agents that cause d.pdf
 Matching- some answers may be used more than once agents that cause d.pdf Matching- some answers may be used more than once agents that cause d.pdf
Matching- some answers may be used more than once agents that cause d.pdfamericandigitalshop
 
Matching Quiz Match the words in the first column to the best availab.pdf
 Matching Quiz Match the words in the first column to the best availab.pdf Matching Quiz Match the words in the first column to the best availab.pdf
Matching Quiz Match the words in the first column to the best availab.pdfamericandigitalshop
 
Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdf
 Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdf Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdf
Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdfamericandigitalshop
 
Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdf
 Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdf Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdf
Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdfamericandigitalshop
 
Match. Match the classes of Phylum Platyhelminthes to their descripti.pdf
 Match. Match the classes of Phylum Platyhelminthes to their descripti.pdf Match. Match the classes of Phylum Platyhelminthes to their descripti.pdf
Match. Match the classes of Phylum Platyhelminthes to their descripti.pdfamericandigitalshop
 
Most traits are quantitative traits. In your own words, what does tha.pdf
 Most traits are quantitative traits. In your own words, what does tha.pdf Most traits are quantitative traits. In your own words, what does tha.pdf
Most traits are quantitative traits. In your own words, what does tha.pdfamericandigitalshop
 

Mehr von americandigitalshop (20)

1. Which of the following could pose a challenge in building partner.pdf
1. Which of the following could pose a challenge in building partner.pdf1. Which of the following could pose a challenge in building partner.pdf
1. Which of the following could pose a challenge in building partner.pdf
 
Mike is a graduating high school student. He received an outstanding .pdf
 Mike is a graduating high school student. He received an outstanding .pdf Mike is a graduating high school student. He received an outstanding .pdf
Mike is a graduating high school student. He received an outstanding .pdf
 
Mrs. Adams has experienced gradual but significant hearing loss and.pdf
 Mrs. Adams has experienced gradual but significant hearing loss and.pdf Mrs. Adams has experienced gradual but significant hearing loss and.pdf
Mrs. Adams has experienced gradual but significant hearing loss and.pdf
 
mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdf
 mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdf mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdf
mrough (d) below Clok the icon 10 wew the uabie a. Find the probablit.pdf
 
Michael has utility over going to Yoga (y) and going to a museum (m) .pdf
 Michael has utility over going to Yoga (y) and going to a museum (m) .pdf Michael has utility over going to Yoga (y) and going to a museum (m) .pdf
Michael has utility over going to Yoga (y) and going to a museum (m) .pdf
 
Meiosis and mitosis are both forms of cell division. However, the out.pdf
 Meiosis and mitosis are both forms of cell division. However, the out.pdf Meiosis and mitosis are both forms of cell division. However, the out.pdf
Meiosis and mitosis are both forms of cell division. However, the out.pdf
 
Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdf
 Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdf Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdf
Metfi 120 (introduction to Weather and Climato) Orline - Unit 2 Revie.pdf
 
me Insert Draw Page Layout Formulas Data Review View Automate Tel.pdf
 me Insert Draw Page Layout Formulas Data Review View Automate  Tel.pdf me Insert Draw Page Layout Formulas Data Review View Automate  Tel.pdf
me Insert Draw Page Layout Formulas Data Review View Automate Tel.pdf
 
Match the terms with its best definition or description. Basic Eaming.pdf
 Match the terms with its best definition or description. Basic Eaming.pdf Match the terms with its best definition or description. Basic Eaming.pdf
Match the terms with its best definition or description. Basic Eaming.pdf
 
Match the words in the lenthand column to the appropriate blank in th.pdf
 Match the words in the lenthand column to the appropriate blank in th.pdf Match the words in the lenthand column to the appropriate blank in th.pdf
Match the words in the lenthand column to the appropriate blank in th.pdf
 
Match the vitamin or mineral with a good food source. There is ONLY o.pdf
 Match the vitamin or mineral with a good food source. There is ONLY o.pdf Match the vitamin or mineral with a good food source. There is ONLY o.pdf
Match the vitamin or mineral with a good food source. There is ONLY o.pdf
 
Mediate the movement of a single solute from one side of the membrane.pdf
 Mediate the movement of a single solute from one side of the membrane.pdf Mediate the movement of a single solute from one side of the membrane.pdf
Mediate the movement of a single solute from one side of the membrane.pdf
 
Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdf
 Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdf Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdf
Max, a current lacrosse student-athlete, paid $10 to enter a March Ma.pdf
 
Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdf
 Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdf Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdf
Math 10X Take Home Quiz 4 Sections 4.1 and 4.2 1. In the following pr.pdf
 
Matching- some answers may be used more than once agents that cause d.pdf
 Matching- some answers may be used more than once agents that cause d.pdf Matching- some answers may be used more than once agents that cause d.pdf
Matching- some answers may be used more than once agents that cause d.pdf
 
Matching Quiz Match the words in the first column to the best availab.pdf
 Matching Quiz Match the words in the first column to the best availab.pdf Matching Quiz Match the words in the first column to the best availab.pdf
Matching Quiz Match the words in the first column to the best availab.pdf
 
Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdf
 Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdf Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdf
Match. Match these phyla to the descriptions. �a��b��c��d��e��ab��Phy.pdf
 
Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdf
 Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdf Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdf
Mr. and Mrs. Ronaldo, first cousins from a Spanish family, welcomed t.pdf
 
Match. Match the classes of Phylum Platyhelminthes to their descripti.pdf
 Match. Match the classes of Phylum Platyhelminthes to their descripti.pdf Match. Match the classes of Phylum Platyhelminthes to their descripti.pdf
Match. Match the classes of Phylum Platyhelminthes to their descripti.pdf
 
Most traits are quantitative traits. In your own words, what does tha.pdf
 Most traits are quantitative traits. In your own words, what does tha.pdf Most traits are quantitative traits. In your own words, what does tha.pdf
Most traits are quantitative traits. In your own words, what does tha.pdf
 

Kürzlich hochgeladen

Paul Dobryden In Media Res Media Component
Paul Dobryden In Media Res Media ComponentPaul Dobryden In Media Res Media Component
Paul Dobryden In Media Res Media ComponentInMediaRes1
 
4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptxmary850239
 
CLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptxCLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptxAnupam32727
 
How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17Celine George
 
Sarah Lahm In Media Res Media Component
Sarah Lahm  In Media Res Media ComponentSarah Lahm  In Media Res Media Component
Sarah Lahm In Media Res Media ComponentInMediaRes1
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research DiscourseAnita GoswamiGiri
 
The role of Geography in climate education: science and active citizenship
The role of Geography in climate education: science and active citizenshipThe role of Geography in climate education: science and active citizenship
The role of Geography in climate education: science and active citizenshipKarl Donert
 
Farrington HS Streamlines Guest Entrance
Farrington HS Streamlines Guest EntranceFarrington HS Streamlines Guest Entrance
Farrington HS Streamlines Guest Entrancejulius27264
 
Sulphonamides, mechanisms and their uses
Sulphonamides, mechanisms and their usesSulphonamides, mechanisms and their uses
Sulphonamides, mechanisms and their usesVijayaLaxmi84
 
DBMSArchitecture_QueryProcessingandOptimization.pdf
DBMSArchitecture_QueryProcessingandOptimization.pdfDBMSArchitecture_QueryProcessingandOptimization.pdf
DBMSArchitecture_QueryProcessingandOptimization.pdfChristalin Nelson
 
Jason Potel In Media Res Media Component
Jason Potel In Media Res Media ComponentJason Potel In Media Res Media Component
Jason Potel In Media Res Media ComponentInMediaRes1
 
4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptxmary850239
 
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...Nguyen Thanh Tu Collection
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfPrerana Jadhav
 
MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdfMr Bounab Samir
 
Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...
Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...
Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...DrVipulVKapoor
 

Kürzlich hochgeladen (20)

Paul Dobryden In Media Res Media Component
Paul Dobryden In Media Res Media ComponentPaul Dobryden In Media Res Media Component
Paul Dobryden In Media Res Media Component
 
4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx4.9.24 School Desegregation in Boston.pptx
4.9.24 School Desegregation in Boston.pptx
 
CLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptxCLASSIFICATION OF ANTI - CANCER DRUGS.pptx
CLASSIFICATION OF ANTI - CANCER DRUGS.pptx
 
How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17How to Manage Buy 3 Get 1 Free in Odoo 17
How to Manage Buy 3 Get 1 Free in Odoo 17
 
Sarah Lahm In Media Res Media Component
Sarah Lahm  In Media Res Media ComponentSarah Lahm  In Media Res Media Component
Sarah Lahm In Media Res Media Component
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research Discourse
 
The role of Geography in climate education: science and active citizenship
The role of Geography in climate education: science and active citizenshipThe role of Geography in climate education: science and active citizenship
The role of Geography in climate education: science and active citizenship
 
Farrington HS Streamlines Guest Entrance
Farrington HS Streamlines Guest EntranceFarrington HS Streamlines Guest Entrance
Farrington HS Streamlines Guest Entrance
 
Teaching Critical AI Literacies - Maha Bali
Teaching Critical AI Literacies - Maha BaliTeaching Critical AI Literacies - Maha Bali
Teaching Critical AI Literacies - Maha Bali
 
Sulphonamides, mechanisms and their uses
Sulphonamides, mechanisms and their usesSulphonamides, mechanisms and their uses
Sulphonamides, mechanisms and their uses
 
DBMSArchitecture_QueryProcessingandOptimization.pdf
DBMSArchitecture_QueryProcessingandOptimization.pdfDBMSArchitecture_QueryProcessingandOptimization.pdf
DBMSArchitecture_QueryProcessingandOptimization.pdf
 
CARNAVAL COM MAGIA E EUFORIA _
CARNAVAL COM MAGIA E EUFORIA            _CARNAVAL COM MAGIA E EUFORIA            _
CARNAVAL COM MAGIA E EUFORIA _
 
Jason Potel In Media Res Media Component
Jason Potel In Media Res Media ComponentJason Potel In Media Res Media Component
Jason Potel In Media Res Media Component
 
4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx
 
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
 
Narcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdfNarcotic and Non Narcotic Analgesic..pdf
Narcotic and Non Narcotic Analgesic..pdf
 
MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdf
 
Spearman's correlation,Formula,Advantages,
Spearman's correlation,Formula,Advantages,Spearman's correlation,Formula,Advantages,
Spearman's correlation,Formula,Advantages,
 
Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...
Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...
Geoffrey Chaucer Works II UGC NET JRF TGT PGT MA PHD Entrance Exam II History...
 
Introduction to Research ,Need for research, Need for design of Experiments, ...
Introduction to Research ,Need for research, Need for design of Experiments, ...Introduction to Research ,Need for research, Need for design of Experiments, ...
Introduction to Research ,Need for research, Need for design of Experiments, ...
 

Metallica Bearings, Incorporated, is a young start-up company. No div.pdf

  • 1. Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $14 per share 10 years from today and will increase the dividend by 3.9 percent per year thereafter. If the required return on this stock is 11.5 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)