Answer:
One share of this stock worth today if the required rate of return is 7.4 percent is $ 3.24
Explanation:
According to the details the dividend for the next 2 years = $1.80 a share and the required return is=7.40%.
Hence to calculate current price of stock we have to use the following formula:
current price= present value of future cash flows
current price=$1.80/1.074 + $1.80/1.074∧2
current price= $ 3.24
current price of stock is $ 3.24
Answer:
D. Primary
Explanation:
The newly issued securities are first sold to the investors of the primary market .
The primary market id responsible for issuing the securities for the exchange of the company , or other groups .
The primary market are run by the underwriting groups which includes the investment banks .
Hence , from the information of the question , the correct term is ( d. ) Primary market .
Answer and Explanation:
The computation of the asset turnover for all three companies is as follows:
<u>Particulars YRC UNP CH
</u>
Sales 4697500 19941000 13144413
Divided by
Average
total assets 1824700 55159000 3436058
Assets turnover 2.6 0.4 3.8
Answer:
A statement that assigns freeBooks the appropriate value based on the values of the boolean variable isPremiumCustomer and the int variable nbooksPurchased.
if(nbooksPurchased > 4){
if(isPremiumCustomer){
freeBooks = 1;
if(nbooksPurchased > 7){
freeBooks = 2;
}
}else{
freeBooks = 0;
if(nbooksPurchased > 6){
freeBooks = 1;
}
if(nbooksPurchased > 11){
freeBooks = 2;
}
}
}else{freeBooks = 0;}
Explanation:
