View the step-by-step solution to:

# What's the present value of \$16,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?

What's the present value of \$16,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?

a. \$10,605.61

b. \$10,624.81

c. \$10,644.01

d. \$10,615.21

e. \$10,634.41

A stock just paid a dividend of D0 = \$1.50. The required rate of return is rs = 7.5%, and the constant growth rate is g = 4.0%. What is the current stock price?

\$43.50

\$44.57

\$45.64

\$46.71

\$47.78

The Jameson Company just paid a dividend of \$0.75 per share, and that dividend is expected to grow at a constant rate of 5.00% per year in the future. The company's beta is 0.65, the market risk premium is 5.00%, and the risk-free rate is 4.00%. What is Jameson's current stock price, P0?

\$34.03

\$32.98

\$33.33

\$32.63

\$33.68

The last dividend paid by Coppard Inc. was \$1.25. The dividend growth rate is expected to be constant at 5% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its current stock price?

\$33.20

\$30.20

\$30.95

\$31.70

\$32.45

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

### -

Educational Resources
• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents