Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. in 2000, vornado paid dividends per share of $2.12

In 2000, Vornado paid dividends per share of $2.12 on earnings per share of $2.22....

80.2K

Verified Solution

Question

Finance

In 2000, Vornado paid dividends per share of $2.12 on earnings per share of $2.22.
Expected payout ratio ?
The firm had a return on equity of 12.29%.
We use the average beta for real estate investment trusts of 0.69, a riskfree rate of 5.4% and a risk
premium of 4% to estimate a cost of equity:
Cost of equity ?
The expected growth rate is estimated from the dividend payout ratio and the return on equity: ?
Value per share ?
On May 14,2001, Vornado Realty was trading at $36.57.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Question: The relationship between protein and health is complex. Functional protein deficiency states can ... The relationship...

Biology
Q

I have 5 chemistry questions here. The Ideal Gas Equation states: PV = nRT where \"P\" equals the...

Chemistry
Q

Hi, i'm working on lab report on iodometric determination of Cu in Brass and can someone...

Chemistry
Q

1) What is the main element used in modern battery technology, explain? and what makes a...

Electrical Engineering
Q

How would you make schools less bureaucratic? What would they be like? (minimum 100-150 words). Please...

Psychology
Q

Question 7 Where does the Calvin cycle occur O chloroplast stroma Othylakoid lumen O chloroplast...

Biology
Q

Use the given sets below to find the new set. Enter each number separated by...

Basic Math
Q

2 12 pts The half life of cesium 137 is 30 years Suppose we have...

Calculus
Q

Let f x x x 2 and g x x 2 be polynomials in Z3...

Algebra
Q

20.3 What security and access measures should be in place for computer-based systems in the...

Accounting
Q

Riverboat Adventures pays $380,000 plus $14,000 in closing costs to buy out a competitor. The...

Accounting
Q

When a company is outsourcing a process, resources are freed up so they can be...

Accounting