Merrick industries common stock

You are considering buying 100 shares of Merrick Industries common stock. The common stock is expected to pay a dividend of $3.50 a year from today; the growth rate of the dividends is 4%; the covariance between Merrick’s return and the marker’s return is expected to be 0.003; the variance of the market’s return is expected to be 0.002. It is also estimated that the return on the TSX/S&P is 15% and the return on government of Canada T-Bills is 7%. Should you buy the shares if the current market price of Merrick’s common stock is $21.00? Show your work.

We help you get better grades, improve your productivity and get more fun out of college!!

How it works – it’s easy

Y

Place your Order

Submit your requirements through our small easy order form. Be sure to include and attach any relevant materials.

Make a payment

The total price of your order is based on number of pages, academic level and deadline.

i

Writing process

We assign the assignment to the most qualified tutor. When the tutor completes the assignment, it is transferred to one of our professional editors to make sure that the assignment meets all of your requirements.

Once complete, we’ll send your assignment via the email provided on the order form.

 

 

Achieve academic success with the best online tutors.