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.