FIN 370 Week 3 Assignment Financial Ratio analysis For more course tutorials visit www . uophelp . com
1 . Stock Values [ LO1 ] The Jackson – Timberlake Wardrobe Co . just paid a dividend of $ 1.95 per share on its stock . The dividends are expected to grow at a constant rate of 4 percent per year indefinitely . If investors require a return of 10.5 percent on The Jackson – Timberlake Wardrobe Co . stock , what is the current price ? What will the price be in three years ? In 15 years ?
6 . Stock Valuation [ LO1 ] Suppose you know that a company ’ s stock currently sells for $ 63 per share and the required return on the stock is 10.5 percent . You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield . If it ’ s the company ’ s policy to always maintain a constant growth rate in its dividends , what is the current dividend per share ? ==================================================
FIN 370 Week 3 Assignment Financial Ratio analysis For more course tutorials visit www . uophelp . com
Purpose of Assignment Students should understand how to use the financial information and tools learned in the class on a public company , obtain public company SEC reports , and use that data to calculate a company ' s financial ratios and their comparison to industry or competitor standards . Assignment Steps Resources : Tutorial help on Excel ® and Word functions can be found on the Microsoft ® Office ® website . There are also additional tutorials via the web that offer support for office products .