SlideShare a Scribd company logo
1 of 1
Download to read offline
9. Combined Communications is a new firm in a rapidly growing industry. The company is
planning on increasing its annual dividend by 15 percent a year for the next 4 years and then
decreasing the growth rate to 3.5 percent per year. The company just paid its annual dividend in
the amount of $0.20 per share. What is the current value of one share of this stock if the required
rate of return is 15.5 percent? A. $1.82 B. $2.04 C. $2.49 D. $2.71 E. $3.05

More Related Content

More from abhishekelectronic

Pyrite FeS2is an isometric mineral and a metal sulfide W.pdf
Pyrite FeS2is an isometric mineral and a metal sulfide  W.pdfPyrite FeS2is an isometric mineral and a metal sulfide  W.pdf
Pyrite FeS2is an isometric mineral and a metal sulfide W.pdfabhishekelectronic
 
Pls help with this code using IntelliJ The Inhabitants of F.pdf
Pls help with this code using IntelliJ  The Inhabitants of F.pdfPls help with this code using IntelliJ  The Inhabitants of F.pdf
Pls help with this code using IntelliJ The Inhabitants of F.pdfabhishekelectronic
 
Project Title Project Objectives List project objective.pdf
Project Title Project Objectives  List project objective.pdfProject Title Project Objectives  List project objective.pdf
Project Title Project Objectives List project objective.pdfabhishekelectronic
 
On which end of a growing premRNA transcript are nucleotide.pdf
On which end of a growing premRNA transcript are nucleotide.pdfOn which end of a growing premRNA transcript are nucleotide.pdf
On which end of a growing premRNA transcript are nucleotide.pdfabhishekelectronic
 
Let X Exp exponential random variable with parameter g.pdf
Let X  Exp exponential random variable with parameter  g.pdfLet X  Exp exponential random variable with parameter  g.pdf
Let X Exp exponential random variable with parameter g.pdfabhishekelectronic
 
Kendi kendini yneten isel olarak motive olmu aktif bir .pdf
Kendi kendini yneten isel olarak motive olmu aktif bir .pdfKendi kendini yneten isel olarak motive olmu aktif bir .pdf
Kendi kendini yneten isel olarak motive olmu aktif bir .pdfabhishekelectronic
 
La gran mayora de la poblacin asocia Blockchain con la cri.pdf
La gran mayora de la poblacin asocia Blockchain con la cri.pdfLa gran mayora de la poblacin asocia Blockchain con la cri.pdf
La gran mayora de la poblacin asocia Blockchain con la cri.pdfabhishekelectronic
 
la valoracin inicial de los recursos naturales puede inclui.pdf
la valoracin inicial de los recursos naturales puede inclui.pdfla valoracin inicial de los recursos naturales puede inclui.pdf
la valoracin inicial de los recursos naturales puede inclui.pdfabhishekelectronic
 
Instrucciones lea atentamente el estudio de caso El auge y.pdf
Instrucciones lea atentamente el estudio de caso El auge y.pdfInstrucciones lea atentamente el estudio de caso El auge y.pdf
Instrucciones lea atentamente el estudio de caso El auge y.pdfabhishekelectronic
 
Con referencia al estudio de caso a continuacin responda l.pdf
Con referencia al estudio de caso a continuacin responda l.pdfCon referencia al estudio de caso a continuacin responda l.pdf
Con referencia al estudio de caso a continuacin responda l.pdfabhishekelectronic
 
Assignment is a case essay and requires you to obtain suffic.pdf
Assignment is a case essay and requires you to obtain suffic.pdfAssignment is a case essay and requires you to obtain suffic.pdf
Assignment is a case essay and requires you to obtain suffic.pdfabhishekelectronic
 
History Daniel McDonald a 68yearold white male with a 40.pdf
History Daniel McDonald a 68yearold white male with a 40.pdfHistory Daniel McDonald a 68yearold white male with a 40.pdf
History Daniel McDonald a 68yearold white male with a 40.pdfabhishekelectronic
 
Combina las oraciones para crear un prrafo coherente Aunq.pdf
Combina las oraciones para crear un prrafo coherente  Aunq.pdfCombina las oraciones para crear un prrafo coherente  Aunq.pdf
Combina las oraciones para crear un prrafo coherente Aunq.pdfabhishekelectronic
 
Discuss the different characteristics between an aquatic ani.pdf
Discuss the different characteristics between an aquatic ani.pdfDiscuss the different characteristics between an aquatic ani.pdf
Discuss the different characteristics between an aquatic ani.pdfabhishekelectronic
 
As the Internet of Things IOT develops it seems that the .pdf
As the Internet of Things IOT develops it seems that the .pdfAs the Internet of Things IOT develops it seems that the .pdf
As the Internet of Things IOT develops it seems that the .pdfabhishekelectronic
 
1 You are walking barefoot in your bedroom and step on a ta.pdf
1 You are walking barefoot in your bedroom and step on a ta.pdf1 You are walking barefoot in your bedroom and step on a ta.pdf
1 You are walking barefoot in your bedroom and step on a ta.pdfabhishekelectronic
 
Buisness Plan Financial Planner When preparing the critical.pdf
Buisness Plan Financial Planner When preparing the critical.pdfBuisness Plan Financial Planner When preparing the critical.pdf
Buisness Plan Financial Planner When preparing the critical.pdfabhishekelectronic
 
Bankada bir milyon dolarnz olacak kadar anslsnz Sadece c.pdf
Bankada bir milyon dolarnz olacak kadar anslsnz Sadece  c.pdfBankada bir milyon dolarnz olacak kadar anslsnz Sadece  c.pdf
Bankada bir milyon dolarnz olacak kadar anslsnz Sadece c.pdfabhishekelectronic
 
5 A Keynesian economy is described by the following equatio.pdf
5 A Keynesian economy is described by the following equatio.pdf5 A Keynesian economy is described by the following equatio.pdf
5 A Keynesian economy is described by the following equatio.pdfabhishekelectronic
 
An epidemiologic investigation begun on January 1st 2015 id.pdf
An epidemiologic investigation begun on January 1st 2015 id.pdfAn epidemiologic investigation begun on January 1st 2015 id.pdf
An epidemiologic investigation begun on January 1st 2015 id.pdfabhishekelectronic
 

More from abhishekelectronic (20)

Pyrite FeS2is an isometric mineral and a metal sulfide W.pdf
Pyrite FeS2is an isometric mineral and a metal sulfide  W.pdfPyrite FeS2is an isometric mineral and a metal sulfide  W.pdf
Pyrite FeS2is an isometric mineral and a metal sulfide W.pdf
 
Pls help with this code using IntelliJ The Inhabitants of F.pdf
Pls help with this code using IntelliJ  The Inhabitants of F.pdfPls help with this code using IntelliJ  The Inhabitants of F.pdf
Pls help with this code using IntelliJ The Inhabitants of F.pdf
 
Project Title Project Objectives List project objective.pdf
Project Title Project Objectives  List project objective.pdfProject Title Project Objectives  List project objective.pdf
Project Title Project Objectives List project objective.pdf
 
On which end of a growing premRNA transcript are nucleotide.pdf
On which end of a growing premRNA transcript are nucleotide.pdfOn which end of a growing premRNA transcript are nucleotide.pdf
On which end of a growing premRNA transcript are nucleotide.pdf
 
Let X Exp exponential random variable with parameter g.pdf
Let X  Exp exponential random variable with parameter  g.pdfLet X  Exp exponential random variable with parameter  g.pdf
Let X Exp exponential random variable with parameter g.pdf
 
Kendi kendini yneten isel olarak motive olmu aktif bir .pdf
Kendi kendini yneten isel olarak motive olmu aktif bir .pdfKendi kendini yneten isel olarak motive olmu aktif bir .pdf
Kendi kendini yneten isel olarak motive olmu aktif bir .pdf
 
La gran mayora de la poblacin asocia Blockchain con la cri.pdf
La gran mayora de la poblacin asocia Blockchain con la cri.pdfLa gran mayora de la poblacin asocia Blockchain con la cri.pdf
La gran mayora de la poblacin asocia Blockchain con la cri.pdf
 
la valoracin inicial de los recursos naturales puede inclui.pdf
la valoracin inicial de los recursos naturales puede inclui.pdfla valoracin inicial de los recursos naturales puede inclui.pdf
la valoracin inicial de los recursos naturales puede inclui.pdf
 
Instrucciones lea atentamente el estudio de caso El auge y.pdf
Instrucciones lea atentamente el estudio de caso El auge y.pdfInstrucciones lea atentamente el estudio de caso El auge y.pdf
Instrucciones lea atentamente el estudio de caso El auge y.pdf
 
Con referencia al estudio de caso a continuacin responda l.pdf
Con referencia al estudio de caso a continuacin responda l.pdfCon referencia al estudio de caso a continuacin responda l.pdf
Con referencia al estudio de caso a continuacin responda l.pdf
 
Assignment is a case essay and requires you to obtain suffic.pdf
Assignment is a case essay and requires you to obtain suffic.pdfAssignment is a case essay and requires you to obtain suffic.pdf
Assignment is a case essay and requires you to obtain suffic.pdf
 
History Daniel McDonald a 68yearold white male with a 40.pdf
History Daniel McDonald a 68yearold white male with a 40.pdfHistory Daniel McDonald a 68yearold white male with a 40.pdf
History Daniel McDonald a 68yearold white male with a 40.pdf
 
Combina las oraciones para crear un prrafo coherente Aunq.pdf
Combina las oraciones para crear un prrafo coherente  Aunq.pdfCombina las oraciones para crear un prrafo coherente  Aunq.pdf
Combina las oraciones para crear un prrafo coherente Aunq.pdf
 
Discuss the different characteristics between an aquatic ani.pdf
Discuss the different characteristics between an aquatic ani.pdfDiscuss the different characteristics between an aquatic ani.pdf
Discuss the different characteristics between an aquatic ani.pdf
 
As the Internet of Things IOT develops it seems that the .pdf
As the Internet of Things IOT develops it seems that the .pdfAs the Internet of Things IOT develops it seems that the .pdf
As the Internet of Things IOT develops it seems that the .pdf
 
1 You are walking barefoot in your bedroom and step on a ta.pdf
1 You are walking barefoot in your bedroom and step on a ta.pdf1 You are walking barefoot in your bedroom and step on a ta.pdf
1 You are walking barefoot in your bedroom and step on a ta.pdf
 
Buisness Plan Financial Planner When preparing the critical.pdf
Buisness Plan Financial Planner When preparing the critical.pdfBuisness Plan Financial Planner When preparing the critical.pdf
Buisness Plan Financial Planner When preparing the critical.pdf
 
Bankada bir milyon dolarnz olacak kadar anslsnz Sadece c.pdf
Bankada bir milyon dolarnz olacak kadar anslsnz Sadece  c.pdfBankada bir milyon dolarnz olacak kadar anslsnz Sadece  c.pdf
Bankada bir milyon dolarnz olacak kadar anslsnz Sadece c.pdf
 
5 A Keynesian economy is described by the following equatio.pdf
5 A Keynesian economy is described by the following equatio.pdf5 A Keynesian economy is described by the following equatio.pdf
5 A Keynesian economy is described by the following equatio.pdf
 
An epidemiologic investigation begun on January 1st 2015 id.pdf
An epidemiologic investigation begun on January 1st 2015 id.pdfAn epidemiologic investigation begun on January 1st 2015 id.pdf
An epidemiologic investigation begun on January 1st 2015 id.pdf
 

Recently uploaded

Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Celine George
 
size separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceuticssize separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceuticspragatimahajan3
 
Navigating the Misinformation Minefield: The Role of Higher Education in the ...
Navigating the Misinformation Minefield: The Role of Higher Education in the ...Navigating the Misinformation Minefield: The Role of Higher Education in the ...
Navigating the Misinformation Minefield: The Role of Higher Education in the ...Mark Carrigan
 
Telling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdf
Telling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdfTelling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdf
Telling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdfTechSoup
 
An Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxAn Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxCeline George
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxjmorse8
 
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdfINU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdfbu07226
 
The Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational ResourcesThe Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational Resourcesaileywriter
 
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...Sayali Powar
 
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45MysoreMuleSoftMeetup
 
Open Educational Resources Primer PowerPoint
Open Educational Resources Primer PowerPointOpen Educational Resources Primer PowerPoint
Open Educational Resources Primer PowerPointELaRue0
 
The Ultimate Guide to Social Media Marketing in 2024.pdf
The Ultimate Guide to Social Media Marketing in 2024.pdfThe Ultimate Guide to Social Media Marketing in 2024.pdf
The Ultimate Guide to Social Media Marketing in 2024.pdfdm4ashexcelr
 
philosophy and it's principles based on the life
philosophy and it's principles based on the lifephilosophy and it's principles based on the life
philosophy and it's principles based on the lifeNitinDeodare
 
....................Muslim-Law notes.pdf
....................Muslim-Law notes.pdf....................Muslim-Law notes.pdf
....................Muslim-Law notes.pdfVikramadityaRaj
 
How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17Celine George
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxJenilouCasareno
 
Neurulation and the formation of the neural tube
Neurulation and the formation of the neural tubeNeurulation and the formation of the neural tube
Neurulation and the formation of the neural tubeSaadHumayun7
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryEugene Lysak
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfmstarkes24
 

Recently uploaded (20)

Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
Removal Strategy _ FEFO _ Working with Perishable Products in Odoo 17
 
size separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceuticssize separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceutics
 
Navigating the Misinformation Minefield: The Role of Higher Education in the ...
Navigating the Misinformation Minefield: The Role of Higher Education in the ...Navigating the Misinformation Minefield: The Role of Higher Education in the ...
Navigating the Misinformation Minefield: The Role of Higher Education in the ...
 
Telling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdf
Telling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdfTelling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdf
Telling Your Story_ Simple Steps to Build Your Nonprofit's Brand Webinar.pdf
 
An Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxAn Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptx
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptx
 
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdfINU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
INU_CAPSTONEDESIGN_비밀번호486_업로드용 발표자료.pdf
 
The Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational ResourcesThe Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational Resources
 
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
 
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
Exploring Gemini AI and Integration with MuleSoft | MuleSoft Mysore Meetup #45
 
Open Educational Resources Primer PowerPoint
Open Educational Resources Primer PowerPointOpen Educational Resources Primer PowerPoint
Open Educational Resources Primer PowerPoint
 
The Ultimate Guide to Social Media Marketing in 2024.pdf
The Ultimate Guide to Social Media Marketing in 2024.pdfThe Ultimate Guide to Social Media Marketing in 2024.pdf
The Ultimate Guide to Social Media Marketing in 2024.pdf
 
philosophy and it's principles based on the life
philosophy and it's principles based on the lifephilosophy and it's principles based on the life
philosophy and it's principles based on the life
 
Word Stress rules esl .pptx
Word Stress rules esl               .pptxWord Stress rules esl               .pptx
Word Stress rules esl .pptx
 
....................Muslim-Law notes.pdf
....................Muslim-Law notes.pdf....................Muslim-Law notes.pdf
....................Muslim-Law notes.pdf
 
How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
 
Neurulation and the formation of the neural tube
Neurulation and the formation of the neural tubeNeurulation and the formation of the neural tube
Neurulation and the formation of the neural tube
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. Henry
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 

9 Combined Communications is a new firm in a rapidly growin.pdf

  • 1. 9. Combined Communications is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 15 percent a year for the next 4 years and then decreasing the growth rate to 3.5 percent per year. The company just paid its annual dividend in the amount of $0.20 per share. What is the current value of one share of this stock if the required rate of return is 15.5 percent? A. $1.82 B. $2.04 C. $2.49 D. $2.71 E. $3.05