Colgate-Palmolive Company has just paid an annual dividend of . Analysts are predicting dividends to grow by per year over the next five years. After​ then, Colgate's earnings are expected to grow per​ year, and its dividend payout rate will remain constant. If​ Colgate's equity cost of capital is per​ year, what price does the​ dividend-discount model predict Colgate stock should sell for​ today?

Answers

Answer 1

The amount of $97.85 is the price that​ dividend-discount model predict that Colgate stock should sell for​ today

Given Information

Current dividend (D0) = $1.59

   

Dividend payments for next five years includes:

D1 = 1.59 +0.18

D1 = 1.77

   

D2 = 1.77 +0.18

D2 = 1.95

D3 = 1.95 +0.18

D3 = 2.13

D4 = 2.13 +0.18

D4 =2.31

D5 = 2.31 +0.18

D5 =2.49

Year  Cash Flow         PVF at 8.1%        Present value

1            1.77                0.92506938        1.637372803    

2           1.95                0.855753358      1.668719048

3           2.13                0.791631229        1.686174517    

4           2.31                0.73231381           1.691644901    

5           2.49               0.677441082        1.686828295

Present value of Dividends                   8.3707

PV of remaining dividends in 5 year = D5 x (1+g)/(Ke-g))      

PV of remaining dividends in 5 year = 2.49(1+0.061)/(0.081-0.061)    

PV of remaining dividends in 5 year = $132.0945

Given that g=6.1%, ke=8.1%      

PV of remaining dividends in year = 0 = PV of the remaining dividends in year 5* 1/(1+0.081)^5

= 132.0945 * 1/(1+0.081)^5    

= $89.48624      

As per dividend-discount model, Colgate stock should sell for​ today = PV of Dividends till 5th year + PV of Remaining Dividend at t=0

= $89.48624 + $8.3707    

= $97.8531

= $97.85

Hence, the amount of $97.85 is the price that​ dividend-discount model predict that Colgate stock should sell for​ today.

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Related Questions

- Assume the company can experience the following return with the following probability
Scenario probability Expected return
A 0.2 +30%
B 0.3 +15%
C 0.1 -10%
D ? -20%


i- Compute the expected return.
ii- Compute the expected value of $2000 investment over a coming year.
iii- Compute the standard deviation of the percentage return over the coming year iv- If the risk-free return is 7 percent, what is the risk premium for a stock market investment

Answers

i. The expected return is 1.5%.

ii. The expected value of $2,000 is $30 ($2,000 x 1.5%).

iii. The standard deviation of the percentage return  = 0.085 ([tex]\sqrt{0.007175}[/tex]) or 8.5%.

iv. If the risk-free return is 7 percent, the risk premium for a stock market investment is 1.5% (8.5% - 7%).

Data and Calculations:

Scenario  Probability  Expected      Expected    Variance   Squared

                                      Return            Value                         Variance

A                     0.2            +30%            0.06         0.045       0.002025

B                     0.3            +15%             0.045       0.03         0.0009

C                     0.1             -10%             -0.01        -0.005       0.000025

D                    0.4             -20%            -0.08        -0.065      0.004225

                                                            0.015                          0.007175    

D's probability = 0.4 (1 - (0.2 + 0.3 + 0.1) or 40%

Expected return = (0.2 x 0.3 + 0.3 x 0.15 + 0.1 x -0.10 + 0.4 x -0.20)

= (0.06 + 0.045 - 0.01 - 0.08)

= 0.015

= 1.5%

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Like other limited liability companies, for federal jurisdictional purposes, Rodeo Productions LLC is most likely a citizen of

Answers

There are different kinds of company that exist.

This is most likely a citizen of every state of which its members are citizens.

Limited liability company is often set up as a form of legal protection for shareholders and owners that hinders people from being held personally responsible for their company's debts or financial losses.

In some business structures, such as corporations and limited companies, firms are registered as a seperate legal bodies. States were members are citizen connote that evey shareholders are from one locality.

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The circular flow of income model shows

a. that consumers demand products and supply resources.

b. that producers supply products and demand resources.

c. that the two basic institutions of households (consumers and businesses (producers) are each demanders and suppliers.

d. that the real flow and the money flow are in opposite.

e. all of the above

Answer:
e. all of the above

Answers

the correct answer is letter C:)

Hope it's help!! :))

happy sunny or night

a. Jamie purchases a washer and dryer from McKinney Appliances. She applies for the instore credit card. The application contains a clause stating that the store will retain a security interest in the goods purchased with the card until the goods have been paid in full. Discuss if this is an enforceable security interest. b. In this scenario, Jamie purchases the washer and dryer from McKinney Appliances and she signs a purchase agreement to pay $1,000 down and $100 per month until the balance, plus interest is fully paid. Is this an enforceable security interest

Answers

a. The contract that Jamie entered into for the purchase a washer and dryer based on an in-store credit card with McKinney Appliances constitutes an enforceable security interest.

The enforceability of the contract stems from the fact that Jamie freely agreed to use the store's credit and the agreement was not a fraud.  With this security interest, McKinney Appliances officially establishes its security interest in the washer and dryer.  It can exercise the claim in the appliance when Jamie fails to honor the agreement.

b. Yes. It is an enforceable contract.  This contract involves the sale of goods with a down payment and credit.

Thus, McKinney Appliances can legally force Jamie to pay on his account, failing which, McKinney Appliances may recover Washer and Dryer.

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Option A is an enforceable security interest while option B is not.

The security interest must be linked to a real sale. This means that it can only be established if it is linked to a sale that brings new values ​​into the buyer's assets.

A security intererest agreement must be entered into in connection with the sale. This means that it must be entered into before the item for sale is handed over to the buyer.

Loans can only be given for what is covered by the sale: This means that you can not get a car loan for additional equipment / upgrades that are bought afterwards and / or by someone other than the seller.

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3. Aesop is not using traditional advertisements or discount sales to promote its products. Instead, Aesop gets its promotional communication mostly by word-of-mouth for the design of its products, stores, and events, which are a singular mix of indulgent product experiences, thoughtful language, and modern minimalist design. If you had to interact with Natura & Co SA, which customer engagement model--Natura's, The Body Shop's, or Aesop's-- would be the best for you and why?

Answers

Based on the information given, the model that will be appropriate for the company is the client commitment model.

The client commitment model is a model whereby a company provides and meet the needs of the customers. It is important as it assists the brand with comprehension.

Therefore, the interaction with interact with Natura & Co SA, will ensure that they use this model in order to get more customers, improve sales, and get more profit.

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expalain fiveprinciples of insurance​

Answers

Answer:

insurable interest, Utmost good faith, proximate cause, indemnity, subrogation and contribution.

Those little ______ will grow up to be ants someday.

Answers

Larvae ………………………………..

Parkinson Company (PC) had a beginning balance of $86,000 and an ending balance of $90,000 in itslong-term marketable securities account. During the period the Company paid $10,000 to purchase marketable securities. If the Company reported a gain on the sale of marketable securities of $1,000 the amount of the cash inflow from the sale of securities is

A. $7,000.
B. $6,000.
C. $5,000.
D. None of the answers is correct.

Answers

B I think sorry if wrong :/

what are the different types of patents?

Answers

Answer:

three types:-

utility patentsdesign patentsplant patents

In their ________ roles, managers interact with people inside their work units; while solving problems is part of their ________ roles. Multiple Choice decisional; technical interpersonal; technical decisional; conceptual interpersonal; decisional

Answers

It should be noted that in their interpersonal roles managers interact with people inside and outside their work units while solving problem is part of their decisional roles.

What is interpersonal role of a manager?

This the role that is been expected by the manager in carrying the work team so they can achieve the organizational goals.

Therefore, managers interact with people inside and outside their work units while solving problem.

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Which part of the LRAS curve looks similar to a " Classical LRAS^ prime prime curve?

A. The Segment between A and B
B. The Segment between B and C
C. The Segment between C and D
D. The Segment between A and C

Answers

Answer:

C. The segment between C and D

Explanation:

mark me brainliest plsss

What role do you think Netflix and social media
played in popularizing Marie Kondo? Do you think
the popularity of the show "Tidying up with Marie
Kondo' is based on Marie Kondo only, or would any
other personality achieve similar results?

Answers

Netflix and social media  played an important role in popularizing Marie Kondo.

Yes, Netflix and social media  played an important role in popularizing Marie Kondo because the program of Marie Kondo is viewed by million of people across the world through the Netflix and social media and people are loving it which increase the popularity of Marie Kondo.

In my opinion the popularity of the show "Tidying up with Marie  Kondo' is based on Marie Kondo only because the people know the method through this program and in my knowledge there is no one that achieve the same result so we can conclude that Netflix and social media  played an important role in popularizing Marie Kondo.

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compensation Policy issues , include a company's policies concerning all the following except Select one
a Setting the salary and promotion strategy
b . The minimum salary they are legally obliged to pay
c The of paid and unpaid leaves as well as holidays
d Defining the probationary pay versus the final employment pay
e Deciding on the Payment for overtime hours.​

Answers

It should be noted that compensation policy issues refer to all the company's policies given except E. Deciding on the Payment for overtime hours.​

A compensation policy simply means the principle of action that is proposed by a company or organization in regard to the salary, benefits, and bonuses of the employee.

It includes setting the salary and promotion strategy, the minimum salary they are legally obliged to pay, etc. It doesn't have to do with deciding on the payment for overtime hours.​

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If only one airline serves a town, does a monopoly exist? What about competition from other services?

Answers

If only one airline serves a town, the question of whether a monopoly exists is:

Yes, a monopoly exists

Based on the given question, we are asked to state whether a monopoly exist in a situation where there is only one airline in a town, and the answer is, yes, that is a monopoly

It is important to note that a monopoly has to do with the domination of one company in a market system whereby there is little to no competition from other companies. In this situation, there is usually higher prices of products because there is a lack of competition for competitive prices.

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How much money should be deposited annually in a bank account for five years if you wish to withdraw ​$3 comma 000 each year for three​ years, beginning five years after the last​ deposit? The interest rate is 4​% per year.

Answers

The amount to be deposited in the bank for five years is $1729.

The first step is to determine the present value of $3000.

Cash flow in year 1 - 4 = 0

Cash flow in year 5 - 7 = $300

I = 4%

PV calculated using a financial calculator = $7,116.48

The second step is to determine the future value of the present value calculated above

$7,116.48 x (1.04)^7 = $9,364.80

The third step is to determine the amount to be deposited each year for 5 years:

Amount = future value /annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

= [(1.04)^5 - 1] / 0.04 = 5.416323

Amount = $9,364.80/ 5.416323 = $1729

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Lexie, a marketing manager, regularly interviews candidates for her team. Because Lexie is a

people person, and her department is built on teamwork, when she interviews candidates for a

job, she tries to get to know the candidates as people. She always begins by saying, "Tell me

about yourself," and based on what the candidate says, she lets the conversation unfold for 30

to 60 minutes per session.

Questions

i) How does Lexie’s current interview technique limit her effectiveness as an interviewer?


[3 marks]

ii) Lexie also wishes to contact people or organizations as referees for job candidates to fill

strategic positions in the organizations. Discuss two to three limitations of referee reports

placed on management or organizations for job candidates. How do organizations cope

with this burden?


[4 marks]

iii) The human resource department at Lexie’s organization is preparing to formulat

Answers

Lexie's interviews are not as effective because she does not care about the professional training of the people she will hire, which can have serious consequences on the operation of the company. On the other hand, the referral system would also hinder the operation of the company because the skills or abilities of the employees are not verified.

When we do a recruitment process, we must have several aspects in common to hire or dismiss a job applicant. Among the aspects that must be taken into account are:

Work experience.Vocational training.Other experiences.

Following the foregoing, the person in charge of the selection process must objectively select the candidate who best fits a job based on her experience or professional training.

According to the above, Lexie is limiting her liability because she only looks at aspects of the applicants' personal lives without evaluating their ability to perform a job. Additionally, you should carry out some tests on the applicants to verify their work capabilities.

On the other hand, in the referral system, she has several limitations because she accepts the criteria of another individual or organization to hire a person without herself evaluating him to fit the job that she requires.

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Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $128.297 million Total Common Stock of $6.350 million Cash of $10.050 million Retained Earnings of $45.255 million. What were the Digby Corporation's total assets

Answers

Based on the information given  Digby Corporation's total assets is:$179.902 million .

Using this formula

Total assets = Total liabilities + Shareholders’ equity

Total assets= Total liabilities + ( Total common stock + Retained earnings)

Where:

Total liabilities= $128.297 million

Total common stock= $6.350 million

Retained earnings= $45.255 million

Let plug in the formula

Total assets= $128.297 million  + ( $6.350 million  + $45.255 million)

Total assets= $128.297 million  +$51.605 million

Total assets= $179.902 million  

Inconclusion  Digby Corporation's total assets is:$179.902 million .

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This year Andrews achieved an ROE of 30.2%. Suppose next year the profit margin (Net Income/Sales) increases. Assuming sales, assets and financial leverage remain the same next year, what effect would you expect this action to have on Andrews's ROE

Answers

It Is expected that Andrew's ROE would increase.

ROE is a short form of return on equity. ROE is a profitability ratio.  It measures the ability of a firm to generate profits from its asset

Return on equity = net income / average total equity

ROE can be decomposed into:  

ROE = profit margin x asset turnover x financial leverage

ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)

If, profit margin increases, ROE would also increase.

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Help help buissness help help

Answers

Answer:

My best guess will have to be A

Explanation:

most research I did was talking about money stability

Answer:a control of money

Baby Goods Inc. buys Child Shops Inc. in an attempt to gain monopoly power. Remedies that a court might impose in a suit against Baby Goods for a violation of the antitrust laws include Group of answer choices using its market power to encourage increased competition. funding new entries to the relevant market. divesting itself of the control or ownership of Child Shops. all of the choices.

Answers

Based on the information given regarding the monopoly power, the remedy by the court will be divesting itself of the control or ownership of Child Shops.

It should be noted that antitrust laws are put in place in order to protect consumers from business practices that are predatory and also ensure fair competition.

Since antitrust laws recommend the breaking of certain business conducts, there'll be the divesting of the company of the control or ownership of Child Shops.

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Help help help help help

Answers

D is the right answer

In which 2 ways can you create a customized template for a project in qbo

Answers

The two ways you can create a customized template for a project in QuickBooks online are as follows:

1. Use an inbuilt project template and then customize it to your style. This method involves the use of a standard or custom template. Then, you can adjust the tasks, due dates, and assignees as required.

2. Create a new project template by customizing it to match your needs.

Thus, the two ways of creating a project template in QuickBooks online as stated above are not complicated.

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Jerome is assisting with strategic planning for his organization's information system. He knows that information system organizational strategy is influenced by four main drivers: _____. a. corporate strategy, business unit strategies, innovative thinking, and technology innovations b. technologies, competencies, people, and projects c. strategic planning focus, information system goals, business unit strategy, and typical projects d. decision-making frameworks, focus of resource use, business opportunities, and communication among management and other personnel

Answers

Jerome is assisting with strategic planning for his organization's information system. He knows that information system organizational strategy is influenced by four main drivers: d. decision-making frameworks, focus of resource use, business opportunities, and communication among management and other personnel.

The information system is introduced in companies that want to change their methods of operations, goals, products, and services to meet up to their competitions or supersede them.

To successfully achieve these objectives, the resources, business strategies, decision-making framework, and communication should be strengthened to implement the Information system

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dentify the situation below that will result in a favorable variance. Multiple Choice Actual revenue is lower than budgeted revenue. Actual revenue is higher than budgeted revenue. Actual income is lower than expected income. Actual costs are higher than budgeted costs. Actual expenses are higher than budgeted expenses.

Answers

There are different ways firms generate revenues. The option that leads to favorable variance is when Actual revenue is higher than budgeted revenue.

Budget variance is known to be the difference between the budgeted amount of expense or revenue, and the actual amount.

The budget variance is said to becomes favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget.

If revenue of a firm is higher than the budget or the actual expenses are less than the budget, this is known to be a favorable variance.

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Rachel borrows money from her bank to buy a car. What type of bank service
is Rachel using?
O A. Credit card
B. Checking account
C. Savings account
D. Loan

Answers

Answer:

D

Explanation:

A loan refers to money borrowed by people or organisations from the bank

The type of bank service which Rachel is using in order to buy a car is 'loan.'

What is a bank?

A bank, an financial institute that deals in money and its substitutes. A bank accepts deposits from the public and then creates a demand deposit while also simultaneously providing loans. Thus, banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money).

What services do banks provide?

Banks provide a lot of services to its customers. These services intends to attract customers. Such services provided by the banks are- giving loans, credit and debit cards, discounting on bills of exchange, cheque payments, digital financial services, and even personal services.

What do you mean by a loan?

A loan is a sum of money that one or more individuals or companies borrow from banks or other financial institutions so that they can manage planned or unplanned events financially.

When a loan is borrowed from a bank or other financial institution it has to be paid back, usually together with an extra amount of money called interest, that you have to pay as a charge for borrowing within a given period of time. Thus, loans provide liquidity to businesses and individuals, and so they are a necessary part of the financial system.

Hence, option D is correct.

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#SPJ2

A key tool used for problem statement maturing (usually in conjunction with the customer is)

Answers

A design thinking is the key tool used for problem statement maturing, usually in conjunction with the customer.

Design thinking refers to a process which aims to solving problems by prioritizing the consumer's needs above all else.

The main benefit of the process is that its helps firm to identify, understand and address the need or problems of the businesses and their customer.

In conclusion, the design thinking is the key tool used for problem statement maturing, usually in conjunction with the customer.

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Monsters Incorporated (MI) in ready to launch a new product. Depending upon the success of this product, MI will have a value of either $100 million, $150 million, or $191 million, with each outcome being equally likely. The cash flows are unrelated to the state of the economy (i.e. risk from the project is diversifiable) so that the project has a beta of 0 and a cost of capital equal to the risk-free rate, which is currently 5%. Assume that the capital markets are perfect. Assume that in the event of default, 20% of the value of MI's assets will be lost in bankruptcy costs and suppose that MI has zero-coupon debt with a $125 million face value due next year. The initial value of MI's debt is closest to:

Answers

The Initial value of debt is $111.11 million.

Value of unlevered equity = ($100 million+ $150 million + $191 million)/3 / 1.05

Value of unlevered equity = $147 miliion / 1.05

Value of unlevered equity = $140 million.

Since the corporation have has zero-coupon debt with a $125 million face value, this means If the firm has a value of $100 million, all of it is from the debt value,

Initial value of debt = ($100 million + $125 million + $125 million)/3 / 1.05

Initial value of debt = $111.11 million.

The Initial value of equity = Value of unlevered equity - Initial value of debt

The Initial value of equity = $140 million - $111.11 million

The Initial value of equity = $29 million

Hence, the Initial value of debt is $111.11 million.

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The subsequent price and quantity of Rift pen is 19 and 20 respectively, while its initial price and quantity demanded is 20 and 16 respectively. A.Calculate the Price Elasticity(Ep) of Demand B. Is it Elastic or inelastic?why?

Answers

From the information given, the price elasticity of demand is -5% and it can be sent that it's elastic.

The percentage change in the quantity demanded will be:

= (20 - 16) / 16 × 100

= 25%

The percentage change in price will be:

= (19 - 20) / 20 × 100

= -5%

Price elasticity of demand = 25/-5 = -5

Sincere it's greater than 1, it's elastic.

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provided service to srijana store and received cash Rs 5000.

Answers

Answer:

what we want to tell about ?or your question is not proper type it full and proper .

I can't understand what you want to ask ?

Who should fill out a Free Application for Federal Student Aid (FAFSA)?
PERDELE
A. Only students who have been accepted to college should fill out a
FAFSA.
B. All students should fill out a FAFSA.
C. Only students who are unable to pay for college should fill out a
FAFSA.
D. Only students who have received good grades should fill out a
FAFSA.
EL
14
FREE

Answers

Based on the eligibility requirements stated, those that should fill out a Free Application for Federal Student Aid (FAFSA) are the "Only students who have been accepted to college should fill out a FAFSA."

Eligibility Criteria for FAFSA

According to the United States government website, to be eligible for the program requires one to have the following criteria:

Be a U A Citizen.Have a valid Social Security Number.Register with Selective Service.Have a high school diploma.Be accepted or already a regular student working toward a degree or just No drug record, etc.

Hence, in this case, it is concluded that the correct answer is option A. "Only students who have been accepted to college should fill out a

Only students who have been accepted to college should fill out aFAFSA."

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what rights did thomas jefferson say every american is entitled to {Man} Once upon a time there was a lovely princess.But she had an enchantment upon her of a fearful sort which could only be broken by love's first kiss.She was locked away in a castle guarded by a terrible fire-breathing dragon.Many brave knigts had attempted to free her from this dreadful prison, but non prevailed.She waited in the dragon's keep in the highest room of the tallest tower for her true love and true love's first kiss.{Laughing} Like that's ever gonna happen.{Paper Rusting, Toilet Flushes}What a load of - Somebody once told me the world is gonna roll meI ain't the sharpest tool in the shedShe was lookin' kind of du.mb with her finger and her thumbIn the shape of an "L" on her foreheadThe years start comin' and they don't stop comin'Fed to the rules and hit the ground runnin'Didn't make sense not to live for funYour brain gets smart but your head gets du.mbSo much to do so much to seeSo what's wrong with takin' the backstreetsYou'll never know if you don't goYou'll never shine if you don't glowHey, now You're an all-starGet your game on, go playHey, now You're a rock starGet the show on, get paidAnd all that glitters is goldOnly shootin' stars break the moldIt's a cool place and they say it gets colderYou're bundled up now but wait till you get olderBut the meteor men beg to differJudging by the hole in the satellite pictureThe ice we skate is gettin' pretty thinThe water's getting warm so you might as well swimMy world's on fireHow 'bout yoursThat's the way I like it and I'll never get boredHey, now, you're an all-star{Shouting}Get your game on, go playHey, now You're a rock starGet the show on, get paidAnd all that glitters is goldOnly shootin' stars break the mold{Belches}Go!Go!{Record Scratching}Go. Go.Go.Hey, now, you're an all-starGet your game on, go playHey, now You're a rock starGet the show on, get paidAnd all that glitters is goldOnly shootin' stars break the mold-Think it's in there?-All right. Let's get it!-Whoa. Hold on. Do you know what that thing can do to you?-Yeah, it'll grind your bones for it's bread.{Laughs}-Yes, well, actually, that would be a gaint.Now, ogres - - They're much worse.They'll make a suit from your freshly peeled skin.-No!-They'll shave your liver. Squeeze the jelly from your eyes!Actually, it's quite good on toast.-Back! Back, beast! Back! I warn ya!{Gasping}-Right.{Roaring}{Shouting}{Roaring}{Whispers} This is the part where you run away.{Gasping}{Laughs} List most dangerous greenhouse gasses in order helpppppppppppppppppp Replace the power with a product and then transform the product into a polynomial. (1-y)^2 Help on 9 and 10!!!!!! Ill give 5 starts Write the inequality represented by the graph below. I dont have baking powder or all of the 10 subs I found online. I wanna make pancakes any suggestions 40% of the plants in Marcy's garden are root vegetables. If 20 plants are root vegetables, how many plants are in Marcy's garden in all? if you were a teacher, how would you apply the reward system in managing your classroom The body mass index, I, can be used to determine an individual's risk for heart disease. An index less than 25 indicates a low risk. The body mass index is given by700Wthe formula, or model, I=where W= weight, in pounds, and H = height, in inches. Jerome is 70 inches tall. What weights will keep his body mass indexH2between 20 and 28? Simplify each expression involving signed numbers.-7 2 = 12 + (-4) = -8(-6) = 18/-3= where in the respiratory system does gas exchange occur? 1+1=3 proofneeds step by step explanation I NEED HELP!! If f(x) = x 3/2 , then f ' (4) =A. -6b. -3c. 3d. 6e. 8 2675318Z.identify the location of the Tigris River on the map above,A. 1B2C.3D.4 1000000x900=????????????? I didn't pay attention today Colby is writing a personal narrative about the time his dog, Snickers, dug a hole under the fence and ran wild through the neighborhood. what is the necessary condition for the conservation of angular momentum