Barn Wood Interiors Announced Today That It Is Going Out

question 76

Multiple Choice

Barn Wood Interiors announced today that it is going out of business.As of today,no more regular dividends will be paid.The firm will,however,pay two liquidating dividends.The first will be paid one year from now in the amount of $14 a share.The second and final payment will be paid two years from now at an estimated $38 a share.What is the value of this stock today at a discount rate of 18.7 percent?

• A)$38.76
• B)$39.03
• C)$41.41
• D)$43.78
• E)$46.01

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Definitions:

Human Resource Planning

The process of ensuring that an organization has the right number and types of employees, at the right time and place, who are capable of effectively and efficiently completing tasks that will help the organization achieve its overall strategic objectives.

Strategic Planning

Procedures for making decisions about the organization’s long-term goals and strategies.

Balanced Scorecard

A management and planning methodology aimed at aligning organizational activities with its vision and strategy, enhancing communication both internally and externally, while tracking the organization's performance in relation to its strategic objectives.

Strategic Alignment

The process of aligning an organization's resources and actions with its strategic objectives to achieve long-term goals.