The RLX Company just paid a dividend of $2.85 per share on its stock. The dividends are expected to grow at a constant rate of 4.5 percent per year, indefinitely. Assume investors require a return of 10 percent on this stock. What is the current price?

Answers

Answer 1

The current stock price is $54.15.

Given that  RLX Company just paid a dividend of $2.85 per share on its stock and dividends are expected to grow at a constant rate of 4.5 percent per year, indefinitely.

Stock valuation alludes to the valuation of the natural worth per portion of an organization's stock which can help the organization in deciding its reasonable worth in case of twisting up or consolidation. One of the models used to esteem the stock cost is the profit development model. It expects the cost of the stock to be the current worth representing things to come profits of the stock accepted to develop at a consistent rate.

Dividend (D0) = $2.85

Growth rate (g) = 4.5%

Required return (r) = 10%

Firstly, we have to calculate the value of the current stock price.

The current stock price can be calculated by using the dividend growing model.

\(\begin{aligned}\text{Current stock price}&=\frac{D_{0}\times(1+g)}{r-g}\\ &=\frac{2.85\times (1+0.045)}{0.10-0.045}\\ &=\frac{2.85\times 1.045}{0.055}\\ &=\frac{2.97825}{0.055}\\ &=54.15\end\)

Hence, the current stock price when dividend of $2.85 are expected to grow at a constant rate of 4.5 percent per year, indefinitely is $54.15.

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Related Questions

click on the picture for questions pls help

click on the picture for questions pls help

Answers

Answer:

All below

Step-by-step explanation: Can I get brainliest? Thanks!

1. 6x^3

2. 152x^8

3. 18x^10

4. 6x^5

5. 21x^3y^4

6. 30x^2y^4z^4

7. 32xy^7z^2

8. 11x^4y^3

9. x^5+x^4

I need help with these two. One of them I need help with what to write for the writing part (Also need help for making sure I am correct) And the other I need help o with the math and writing part.

I need help with these two. One of them I need help with what to write for the writing part (Also need
I need help with these two. One of them I need help with what to write for the writing part (Also need

Answers

The writing part for the exponential function:
“As x approaches negative infinity, y approaches 0.

As x approaches positive infinity, y approaches positive infinity”


And the other part for the absolute value function:
The function is Positive: x > -3 and x<-5, negative:-5-4, decreasing: x<-4

“As x approaches negative infinity, y approaches positive infinity and

As x approaches positive infinity, y approaches positive infinity”

Find the unit rate (constant of proportionality) of the distance traveled.
Number of hours
0.25 1.5 2.5 3
Distance traveled (km) 3 18 30 36

Answers

Answer:

12.

Step-by-step explanation:

if to re-write the given condition, then

\(\frac{3}{0.25} =\frac{18}{1.5} =\frac{30}{2.5} =\frac{36}{3} ;\)

it is clear, the required constant is 12 (12 per hour).

Find the solution


3(x - 4)+ 2x =23

Answers

Answer:

the answer for that is :

x = 7

Answer:

x=7

Step-by-step explanation:

3(x-4)+2x=23

3x-12+2x=23

5x-12=23

23+12=35

35/5=7

what is the domain and range?

what is the domain and range?

Answers

For which dot? You have to have a specific dot

What is the distance between 8 and 14 on a number line?

A) -22
B) -6
C) 6
D) 22

Answers

Answer:

6

Step-by-step explanation:

14-8=6

Answer:

C) 6

Step-by-step explanation:

Cuando se le preguntó cuantos años tenía, la maestra respondió: my edad en años no es importante,  pero sino extraño y cuando invierte y se suma a mi edad se obtiene un cuadrado perfecto, puedes invertir y restar y nuevamente tienes un cuadrado perfecto.

Answers

16 + 20 = 36, que es cuadrodo de 6 (6x6 = 36)

61 + 20 = 81, que es cuadrado de 9 (9x9 = 81)

La maesta tiene 20 a

Urgent Fast!!!!!!!??????​

Urgent Fast!!!!!!!??????

Answers

If he has 484 plants and there are as many rows as there are plants in each row, his field is a square.

The area of a square = (side)^2

In this problem,

Area = 484

side = # of rows

Let's plug our values into the formula above

484 plants = (side)^2

Take the sqrt of both sides.

22 rows = side.

Answer:

This is the answer..........

Urgent Fast!!!!!!!??????

mark the correct factorization for each of the linear expressions​

Answers

Answer:

TALA RHYTHMIC PATTERNS

ACTIVITY 2: LET'S DO TALA

kind of membranophones/percussion instruments found at home for tapping. Record your

Directions: Perform the following tala rhythmic patterns using the given legend. Use any

performance using any recorder and send it to your

INSTRUMENTS AT HOME

MANJIRA

TIN CANS

1 2 3 4 5 6

х

1 2 3 4 5 6 7 8 9 10 11 12

GHATAM

PAL

X

х

0 X

TABLA

1 2 3 4 5 6 7 8 9 10

BOX

x xox

What is the approximate circumference of the circle shown below?
A. 37.8 cm
14.8 cm
B. 46.5 cm
C. 23.2 cm
D. 92.9 cm
SUBMIT

What is the approximate circumference of the circle shown below?A. 37.8 cm14.8 cmB. 46.5 cmC. 23.2 cmD.

Answers

The approximate circumference of the circle shown in the image is given as follows:

B. 46.5.

How to obtain the circumference of a circle?

The circumference of a circle of diameter d is given by the multiplication of π and the diameter, as follows:

C = πd.

π has the numeric value of 3.14, hence the equation is approximated as follows:

C = 3.14d.

The diameter of a circle is the distance between two points on the circumference of the circle that pass through the center, hence for this problem it is given as follows:

d = 14.8 cm.

Then the circumference of the circle is of:

C = 3.14 x 14.8

C = 46.5 cm.

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Answer: 46.5 cm

Just took the test and got it right!

In a study of sources of air pollutant emissions, 61% of nitrogen oxides were attributed to transportation, 24% were attributed to stationary fuel combustion sources, 8% were attributed to industrial process, and 7% were attributed to other miscellaneous sources. Draw a pie chart with this data.

Answers

Join Zoom Meeting

Meeting ID: 306 049 3953

Passcode: 033798

Can some one help me is that correct ?​

Can some one help me is that correct ?

Answers

Answer:

i think it is..

Step-by-step explanation:

Answer:

First one would be y=2x (the cost of each ticket is 2 and x is the number of tickets that you are buying)

The second one is y=x+10 (each ticket is one and 10 is the one time set up fee)

Given −48.132 ÷ −0.84, find the quotient.

40.4
47.292
57.30
−5.73

Answers

The quotient of the expressions −48.132 and −0.84 will be 57.30. Then the correct option is C.

What is Algebra?

The analysis of mathematical representations is algebra, and the handling of those symbols is logic.

Division means the separation of something into different parts, sharing of something among different people, places, etc.

Given −48.132 ÷ −0.84.

Then the value of the expression will be

⇒ −48.132 / −0.84

If in the numerator and the denomination, the negative sign is present, then both will cancel out each other.

⇒ 48.132 / 0.84

⇒ 57.30

The quotient of the expressions −48.132 and −0.84 will be 57.30.

Then the correct option is C.

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https://brainly.com/question/953809

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Don’t save the answer and I really need help

Dont save the answer and I really need help

Answers

9514 1404 393

Answer:

  zero solutions

Step-by-step explanation:

The first inequality has a boundary line with a slope of 3 and a y-intercept of 9. Shading is above the boundary line.

The second inequality has a parallel boundary line with a slope of 3 and a y-intercept somewhat lower, at -1. Shading is below this boundary line.

There is a gap between the shaded areas, so no points will be solutions to both inequalities.

Dont save the answer and I really need help

PLEASE HELP THANK YOU

PLEASE HELP THANK YOU

Answers

Answer:

Which angles measure LESS than 40°?

It's m∡AHB and m∡DHF

Step-by-step explanation:

\((4x - 5)\° + (3x + 11)\° = 90\°\\\\\\4x - 5 + 3x + 11 = 90\°\\\\7x + 6 = 90\°\\\\7x = 90\° - 6\\\\7x = 84\°\\\\x = \frac{84\°}{7} \\\\x=12\°\)

m∡AHB = 2x + 14 = 2(12) + 14 = 24 + 14 =  38°

m∡BHC = 4x - 5 = 4(12) - 5 = 48 - 5 = 43°

m∡CHD = 3x + 11 = 3(12) + 11 = 36 + 11 = 47°

m∡DHF = 3x + 3 = 3(12) + 3 = 36 + 3 = 39°

m∡FHG = 5x - 19 = 5(12) - 19 = 60 - 19 = 41°

Suppose f(x)=−3x^2+ 6x +3 find f(-2) +f(2)

Answers

Answer:

-18

Step-by-step explanation:

Suppose f(x)=3x^2+ 6x +3 find f(-2) +f(2)

PLEASE HELP!!!

ITS GEOMETRY!!


****WILL MARK BRAINLIEST!!!****

PLEASE HELP!!!ITS GEOMETRY!!****WILL MARK BRAINLIEST!!!****

Answers

Answer:

y= -1

Step-by-step explanation:

you use the rule (x,y)--->(-y,x) for when you are rotating 90 degrees counterclockwise, and if the original S is (10,1), using that rule, we get (-1,10), therefore ending up with -1 as the y-coordinate of the new S.

May I revive help please

May I revive help please

Answers

Answer:

8500m

Step-by-step explanation:

t = 15 + 0.01 h

t = 100 (given in the question)

∴ 100 = 15 + 0.01 h

   100 - 15 = 0.01 h

   85 = 0.01 h

   85 / 0.01 = h

   8500 / 1 = h

  8500 = h

Bob has a total of 60 adventure cards for a game. The table shows the number of cards, c, distributed to p players. Which equation describes the pattern in the table?
p 2 3 4 5
c 30 20 15 12
c = 60 ÷ p
c = 60 – p
c = 60p
c = 60 + p

Answers

For a game, Bob has a total of 60 adventure cards. The distribution of cards, c, to players, p, is shown in the table. c = 60 ÷ p

Describe probability. Describe using an example.

Probability defines the possibility of occurrence of an event. Probability is the unit of measurement for an event's likelihood. It represents the proportion of positive results to all results. For instance: Receiving the numbers 3 and 5 while rolling the dice, as well as getting both an even and an odd number.

The equation would read: c = 60 / 2, which implies c = 30 if p=2. The equation would read 12 = 60 / p, p = 5, 20 = 60 / 3, etc. If c = 12, the equation would read... 12 = 60 / p, and p = 5, and so on, 20 = 60 / 3, and 15 = 60 / 4.

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what does the pythagorean theorem and it’s Converse state? why is this theorem important? what are some real world examples in which this theorem is used?

Answers

Answer:

The converse of the Pythagorean Theorem states that: If the square of the longest side of the triangle is equal to the sum of the squares of the other two sides of the triangle, then the triangle is a right triangle.

Step-by-step explanation:

I will give you Brainiest if you are right.

I will give you Brainiest if you are right.

Answers

Answer:

30

Step-by-step explanation:

Answer:

answer: 35

Hope this helps!

If y varies inversely as x with a constant of -3, what is x when y is 15?

Answers

If y varies inversely as x with a constant of -3

So,

\(y=-\frac{3}{x}\)

When y = 15, solve for x

So,

\(\begin{gathered} 15=-\frac{3}{x} \\ 15x=-3 \\ x=-\frac{3}{15}=-\frac{1}{5}=-0.2 \end{gathered}\)

So, when y = 15 , x = -0.2

I need help with this please help me

I need help with this please help me

Answers

Answer: A

Step-by-step explanation:

The three angles in a triangle add to \(180^{\circ}\). Therefore, each angle measures \(\frac{180^{\circ}}{3}=60^{\circ}\).

Can someone please explain this by step by step? And give me the answer

Can someone please explain this by step by step? And give me the answer

Answers

Answer:

we know that q=-18

So if we see the fraction below it says q/3

We know that q is -18

Therefore, you substitute it in for q and you get

-18/3 which equals -6

The volume of a cube is 512 cm3 . What is the area, in square centimetres, of each side of the cube?

Answers

Answer:

64 cm^2

Step-by-step explanation:

The formula for volume of a cube is v = (side length)^3  or \(s^{3}\) where s= side length.

To get the length of one side, you need to take the cube root of 512cm^3, which gives you side length = 8

The formula for area of a square is A=s^2 where s= side length.

Plug s=8 into the equation, so A = 8^2 = 64

The area of each side is 64 cm^2

Is the graph Proportional or non-proportion and why?​

Is the graph Proportional or non-proportion and why?

Answers

Answer:

No

Step-by-step explanation:

Because it doesn't go through the origin.

Please I need help. Quick please.

Please I need help. Quick please.

Answers

Answer:

I think it's c. 1/12 Sorry if I am wrong

Answer:

I think its "D" ... Reaaly sorry if i am  wrong..

Step-by-step explanation:

4/ 12 months is y

4/12 = 1/3

2 kids :

1/3 divide by 2

1/3 x 1/2 = 1/6

I am really sorry if i am wrong!

What’s the correct answer for this question?

Whats the correct answer for this question?

Answers

Answer:

C.

Step-by-step explanation:

Diameter = 11 inches.

Radius = D/2 = 5.5 inches

Volume = 4/3πr³

= 4/3(3.14)(5.5)³

= 696.6 in.³

When Jeremy made 8 black and white copies and 2 color copies at a copy shop, the cost was $1.20. When he made 10 black and white copies and 10 color copies, the cost was $3.00. How much do black and white copies cost? ​

Answers

Answer:

10¢

Step-by-step explanation:

First, to be able to differentiate between the B&W and Color copies, use x in place of the B&W copies and y in place of the Color copies.

Then, write a system of equations to solve (the system of equations input was not working, so there is no brace):

 8x + 2y = $1.20

 10x + 10y = $3.00

Then, solve the system of equations:

   8x +  2y = $1.20

 10x + 10y = $3.00

Isolate x to be able to substitute:

8x + 2y = $1.20

8x = -2y + 1.2

x = -2/8y + 1.2/8

x = -0.25y + 0.15

Substitute:

10x + 10y = $3.00

10 (-0.25y + 0.15) + 10y = 3

-2.5y + 1.5 + 10y = 3

7.5y + 1.5 = 3

7.5y = 1.5

y = $0.20

Now that you have the cost of the Colored copies, you can plug it in to find the B&W copies:

8x + 2y = $1.20

8x + 2(0.2) = 1.2

8x + 0.4 = 1.2

8x = 0.8

x = $0.10

Azulfidine 1.5grams has been ordered every 12 hours. the available tablets are 500mg each. what amount do you give?

Answers

Since each tablet has 500 mg, then, for 1.5 g = 1500mg, we have:

\(\frac{1500}{500}=3\)

therefore, the amount to give is 3 tablets

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