Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. question 4 (1 point) saved matt's music factory pa

Question 4 (1 point) Saved Matt's Music Factory paid an annual dividend in the amount...

90.2K

Verified Solution

Question

Finance

image
image
Question 4 (1 point) Saved Matt's Music Factory paid an annual dividend in the amount of $2.00 per share last week. The dividend growth rate is expected to remain constant at 3%. Matt's also has bonds with a yield to maturity of 5%. The current stock price of the firm is $21, and the firm has a debt-to-equity ratio of 1/3. The company's tax rate is 34%. What is Matt's weighted average cost of capital? 09.64% 10.21% 10.43% 10.86% none of the above Question 11 (1 point) Saved How many of the following statements are true regarding corporate dividend policies? 1. As long as the return on new investments (ROE) is greater than the discount rate higher retention ratio will decrease firm value. II. Retention ratio is the percent of earnings that are distributed to shareholders as dividends. III. Dividend growth models do not take into account the actual value of cash. IV. Higher retention ratio can cause future earnings and dividends to grow even when the ROE is lower than the discount rate

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. Conflict can actually be useful for organizations. If you wanted to encourage competition in order...

Operations Management
Q

Can we compare the acid strength of HClO4 and H2SO4 in aqueous solution? if your answer is...

Chemistry
Q

Tables:  Write the HTML code for a table data cell that contain the text “Holiday” and spans across...

Programming
Q

12 Scientists have attempted to calculate Earth s carrying capacity Which of these did scientists...

Biology
Q

oblem 2 The graph of z f x y is shown below In each part...

Basic Math
Q

You measure 50 turtles' weights, and find they have a mean weight of 73 ounces....

Basic Math
Q

A normal distribution has a mean of 134 and a standard deviation of 5 Find...

Statistics
Q

ky my2 dx Now we will try to decompose the coefficient of into partial fractions...

Algebra
Q

Simon's portfolio HPR during the year ended December 31,2020, is %.(Round to two decimal places.)

Accounting
Q

Consider P. Ltd, a one-asset firm with no liabilities. Assume that the asset will generate...

Accounting
Q

Fey Companys organization chart includes the president; the vice president of production; three assembly plantsDallas,...

Accounting
Q

Question 20 5 pts Ashley turned 30 today, and she is planning to save $3,000...

Finance