Answer:
$7.63
Explanation:
Worth of the stock is the present value of all the cash flows associated with the stock. Dividend is the only cash flow that a stock holder receives against its investment in the stocks. We need to calculate the present values of all the dividend payments.
Formula for PV of dividend
PV of Dividend = Dividend x ( 1 + r )^-n
1st year
PV of Dividend = $0.63 x ( 1 + 15% )^-1 = $0.55
2nd year
PV of Dividend = $0.68 x ( 1 + 15% )^-2 = $0.51
3rd year
PV of Dividend = $0.83 x ( 1 + 15% )^-3 = $0.55
4th year
PV of Dividend = $1.13 x ( 1 + 15% )^-4 = $0.65
After four years the dividend will grow at a constant rate of 4.1%, so we will use the following formula to calculate the present value
PV of Dividend = [ $1.13 x ( 1 + 4.1% ) / ( 15% - 4.1% ) ] x [ ( 1 + 15% )^-5 ]
PV of Dividend = $5.37
Value of Stock = $0.55 + $0.51 + $0.55 + $0.65 + $5.37 = $7.63
Answer:
The higher the GDP of a country, the more equal its income distribution. FALSE
Explanation:
The country with the highest GDP, the US, has a medium to high Gini coefficient in income inequality (0.39), and the higher the number, the worse off. China which has the second highest GDP, has a very high coefficient (0.51). The countries with the lowest coefficient are Slovak Republic (0.24), Slovenia (0.24) and Czech Republic (0.25), and they are not necessarily very wealthy nations.
Several developing nations, e.g. Uruguay (0.37), Ukraine (0.26), Uganda (0,.37), etc., all have better income distribution than the US and China. Although generally, countries with high GDP have a a higher income distribution than average, it is not always that way.
Answer:
The correct answer is letter "A": downward communication.
Explanation:
Downward communication is the transmission of information in hierarchical order within an organization. It implies sending a message from the top of the hierarchy -top executives- to the employees with lesser command. Thus, the information transmitted would be flowing from the upper side of the hierarchy to the bottom.
Answer:
C. Knowledge workers are continually learning how to do their jobs better.
Explanation:
The newly emerging dominant group is “knowledge workers. The majority of them will be paid at least as well as, or better than, manufacturing workers ever were. And the new jobs offer much greater opportunities
Answer:
Positive
Explanation:
Price elasticity is the measure to assess the responsiveness of the supply of a good or service after changing the price of the good or service.
According to basic principles of economics, the price and supply of good or services are directly proportional, it means that if the price increases the supply of good increases and vice versa. The sign of the price elasticity will be positive because they are directly related.
Form example
At Price $5 supply is 200 units
At price $6 supply 250 units
Calculate the change in price and change in supply as well.
Cange in price = ($6 - $5) / 5 = 0.2 = 20%
Cange in supply = 250 units - 200 units = 50 units / 200 unit = 0.25 = 25%
Price elasticity of supply = Change in supply / Change in price
Price elasticity of supply = 25% / 20%
Price elasticity of supply = 1.25
Hence, the sign is positive