Zoom Enterprises expects that one year from now it will pay a total dividend of $4.9 million and repurchase $4.9 million worth of shares. It plans to spend $9.8 million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is 12.4% and it has 4.8 million shares outstanding, what is its share price today? The price per share is $ (Round to the nearest cent.) CH
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- Zoom Enterprises expects that one year from now it will pay a total dividend of $4.5 million and repurchase $4.5 million worth of shares. It plans to spend $9.0 million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is 13.5% and it has 4.9 million shares outstanding, what is its share price today?Zoom Enterprises expects that one year from now it will pay a total dividend of $4.6 million and repurchase $4.6 million worth of shares. It plans to spend $9.2 million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is 13.3% and it has 4.8 million shares outstanding, what is its share price today? The price per share is $. (Round to the nearest cent.)Zoom Enterprises expects that one year from now it will pay a total dividend of $5.1 million and repurchase $5.1 million worth of shares. It plans to spend $10.2 million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is 12.3% and it has 4.9 million shares outstanding, what is its share price today?
- K Zoom Enterprises expects that one year from now it will pay a total dividend of $4.5 million and repurchase $4 5 million worth of shares. It plans to spend $9.0 million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is 12.5% and it has 4.9 million shares outstanding, what is its share price today? The price per share is $ (Round to the nearest cent.) KSummit Systems will pay a dividend of $1.49 one year from now. If you expect Summit's dividend to grow by 6.9% per year, what is its price per share if its equity cost of capital is 11.8% ?Summit Systems will pay a dividend of $1.50 this year. If you expect Summit’s dividend to grow by 6% per year, what is its price per share if its equity cost of capital is 11%?
- Portage Bay Enterprises has $2.5 million in excess cash, no debt, and is expected to have free cash flow of $10.5 million next year. Its FCF is then expected to grow at a rate of 4.5% per year forever. If Portage Bay's equity cost of capital is 8% and it has 9 million shares outstanding, what should be the price of Portage Bay stock?CX Enterprises has the following expected dividends: $1.03 in one year, $1.17 in two years, and $1.32 in three years. After that, its dividends are expected to grow at 4.2% per year forever (so that year 4's dividend will be 4.2% more than $1.32 and so on). If CX's equity cost of capital is 12%, what is the current price of its stock? The price of the stock will be $ (Round to the nearest cent.)Gremlin Industries will pay a dividend of $1.65 per share this year. It is expected that this dividend will grow by 5% per year each year in the future. The current price of Gremlin's stock is $22.20 per share. What is Gremlin's equity cost of capital?
- Avril Synchronistics will pay a dividend of $1.50 per share this year. It is expected that this dividend will grow by 5% each year in the future. What will be the current value of a single share of Avril's stock if the firm's equity cost of capital is 16%?Summit Systems will pay an annual dividend of $1.59 this year. If you expect Summit's dividend to grow by 6.5% per year, what is its price per share if the firm's equity cost of capital is 10.8%? The price per share is $. (Round to the nearest cent.)Portage Bay Enterprises has $1 million in excess cash, no debt, and is expected to have free cash flow of $13 million next year. Its FCF is then expected to grow at a rate of 2% per year forever. If Portage Bay's equity cost of capital is 10% and it has 7 million shares outstanding, what should be the price of Portage Bay stock? The price of Portage Bay's stock is $ per share. (Round to the nearest cent.)