question archive 1) Universal Forest's current stock price is $154
1) Universal Forest's current stock price is $154
Subject:FinancePrice: Bought3
1) Universal Forest's current stock price is $154.00 and it is likely
to pay a $5.23 dividend next year. Since analysts estimate Universal Forest will have a 13.0 percent growth rate, what is its required return?
2) Choose the most accurate statement: 'An increase in total assets ...' : A) means that net working capital is also increasing. B) requires an investment in fixed assets. C) means that stockholders' equity must also increase. D) must be offset by an equal increase in liabilities and stockholders' equity. E) can only occur when a firm has positive net income.
3) It is now January 1. You plan to make a total of 6 deposits of $100 each, one every 3 months, with the first payment being made today. The bank pays a nominal interest rate of 8% but uses quarterly compounding. You plan to leave the money in the bank for 10 years. How much will be in your account after 10 years?
