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The last dividend paid by a company (D0)was $2. The dividend growth rate is expected to be constant at 3% for 2 years, after which dividends are expected to grow at a rate of 8.5% forever. The firm’s required return (rs) is 11.0%. What is the best estimate of the current stock price?

A company’s value of operations is $270 million, based on the free cash flow valuation model. The best estimate of current market values of its balance sheet accounts is: $21 million in accounts receivable, $15 million in inventory, $9 million in short-term investments that are unrelated to operations, $6 million in accounts payable, $33 million in notes payable, $27 million in long-term debt, $6 million in preferred stock, and $42 million in retained earnings. If the company has 2 million shares of stock outstanding, what is the best estimate of the stock’s price per share?

Calculate Carson’s economic value added (EVA) for 2020.

Please use the following Excel file to do your work for this exam.  You will need to submit it at the end of this exam.  I will use it to assign partial credit.

According to _____________ from the American Management Association and the ePolicy Institute, more than three-quarters of all companies monitor their employees’ Web use.

Trevor Noah wrote a book about his life.

The students in this class work together very well.

SPC was closed ______ July 4 for Independence Day.

However, some health experts ________ by this new trend.

The new Skyway Bridge was constructed in 1987.