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NEW QUESTION: 1
An analyst with Churn Brothers Brokerage is attempting to value shares of Intelligent Semiconductor using the Multi-stage Dividend Discount Model. Intelligent Semiconductor is expected to grow at a rate of 35% per year for the next two years, grow at to 25% per year in years 3 and 4, and then grows at 12% per year forever. Similar investments have warranted a 14.50% per year rate of return, and Intelligent Semiconductor paid a dividend of $0.70 at t0.
Using the information provided, determine the value of Intelligent Semiconductor shares according to the Multi-stage Dividend Discount Model.
A. None of these answers is correct.
B. $88.23
C. $91.87
D. $55.98
E. The answer cannot be calculated from the information provided.
F. $87.83
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The multi-stage dividend discount model is a more realistic way of valuing fast-growing companies that pay dividends. With this model, it is necessary to estimate the above-average, or "supernormal," rate ofgrowth, as well as the long-term rate of growth. Once these growth rates have been determined, they are used to calculate the dividends at various points in the future. In this example, you are provided with two supernormal growth rates, in addition to the long-term rate of growth. Since two supernormal growth rates exist for Intelligent Semiconductor, the calculation is somewhat more complex than a situation characterized by a single supernormal growth rate. Nonetheless, the multi-stage dividend discount model can be applied.
The multi-stage dividend discount model is often referred to as the "two-stage dividend discount model," and these two titles should be considered interchangeable for all intents and purposes, i.e. the "two stage" dividend discount model can be used to determine the value of a company that has multiple growth rate changes.
Incorporating the given information into the multi-stage dividend discount model will yield the following:
P = {[$0.70 * 1.35) / 1.145] + [($0.945 * 1.35) / 1.31103] + [($1.276 * 1.25) / 1.50112] + [($1.595 * 1.25) /
1.71879] + [($1.994 * 1.12) / (.145 - .12]/1.71879}
Which can further be developed into:
P = {$0.82533 + $0.97309 + $1.06254 + $1.15998 + $51.96} = $55.98
NEW QUESTION: 2
In IP SAN network, eliminates the host can't successfully find the failure of storage device,
Mainly from which aspects can troubleshooting?
A. the configuration of host and business IP in storage side, gateway and mask are reasonable
B. the configuration of host iSCSI initiator file are wrong
C. iSCSI initiator service did not start
D. the configuration of ZONE, if it is reasonable
Answer: A,B,C
NEW QUESTION: 3
You have a sales report that shows activities for Accounts in the last 30days. When you run an advanced find query for Accounts with the custom field Heat Level equal to Hot, you are not able to access the report.
A Form: Report: Account Activity last 30 Days.
Use the drop-down menus to select the answer choice thatanswers each question based on the information presented in the graphic.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
NEW QUESTION: 4
HOTSPOT
You are the Office 365 administrator for your company. You manage an on-premises
Microsoft Exchange Server 2003 environment that has 500 users and an externally-hosted
Exchange environment that has 500 users. The hosted Exchange environment does not allow Outlook Anywhere connectivity. You do not have administrative access to all mailboxes in the hosted environment.
You plan to migrate and consolidate both environments into Office 365.
You have the following migration requirements:
In the table below, identify the migration type that must be used for each environment.
Make only one selection in each column. Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
For the migration of the on-premise Exchange 2003 mailboxes, we can use a staged migration.
In a staged Exchange migration, mailboxes in your on-premises Exchange organization are migrated to Exchange Online in batches. A staged Exchange migration is a good option if your current on-premises email organization and migration goals meet the following conditions:
For the migration of the hosted Exchange mailboxes, we can use an IMAP migration.
In an IMAP migration, the contents of users' mailboxes on an IMAP messaging system are migrated to their Exchange Online mailboxes. Here are some requirements and considerations for using an IMAP migration:
References: https://technet.microsoft.com/en-us/library/jj863291(v=exchg.150).aspx