FIN 3715 : FIN 3715 Practice Test 2
Document Summary
Airlines paid an annual divided of . 18 a share last month. The company is planning on paying . 50, . 75, and . 80 over the next three years, respectively. After that, the dividend will be constant at . 50 per share per year. What is the market price of this stock if the market rate of return is 10. 5 percent: . 98, . 07, . 71, . 10, . 16, callander enterprises stock is listed on nasdaq. The firm is planning to issue some new equity shares for sale to the general public. The firm is currently considering making handmade wreaths as well. I and iii only: ii and iv only, i, ii, iii, and iv. I, iii, and iv only: the semiannual, 8-year bonds of alto music are selling at par and have an effective annual yield of 8. 6285 percent. At the end of the project the equipment will be sold for an estimated ,000.
