A firm is expected to pay a dividend of $ 2.00 next year and $ 2.14 the following year . Financial analysts believe the stock will be at their target price of $ 75.00 in two years . Compute the value of this stock with a required return of 10 percent .
$ 79.14
$ 65.40
$ 65.57
$ 66.67
Which financial statement shows the total revenues that a firm earns and the total expenses the firm incurs to generate those revenues over a specific period of time — generally one year ?
Statement of cash flows Statement of retained earnings Balance sheet Income statement
Which of the following is a true statement ?
If interest rates fall , all bonds will enjoy rising values . If interest rates fall , corporate bonds will have decreasing values . If interest rates fall , no bonds will enjoy rising values . If interest rates fall , U . S . Treasury bonds will have decreasing values .