Chemtech, inc. paid a $3 dividend last year and is expected to grow the dividend at 10% for the next 2 years. the dividend will then grow at a constant rate of 4%, thereafter. if investors require a return of 12% on this stock, what is Chemtech's current price is $43.46.
A bond's future cash payments are discounted by the going market interest rate to get its present value. The sum of the following factors determines a bond's present value: plus the discounted value of the interest payments due every two years. the principal payment's current value on the bond's maturity date. The current price is the cost at which a securities most recently traded hands on an exchange. For buyers and sellers, the current price acts as a benchmark. Present pricing is a good reflection of current worth, but depending on supply and demand, the actual price of the next sale could be greater or lower.
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