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3 years ago

13

I really need help would please like help thanks

1 answer:

lawyer [7]3 years ago

8 0

The reciprocal of a fraction $\frac{a}{b}$ is the same fraction "upside down" $\frac{b}{a}$ .

The reciprocal of a whole number $N$ is "1 over" that number $\frac{1}{N}$ .

10/9
11/1 or 11
1/10

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Eddie had 30 dollars to spend on 3 gifts. He spent 11

OverLord2011 [107]

Answer:

12.9 or 12 9/10

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2 years ago

you have a part time job. you work for 3 h on friday and 6 h on saturday. you also receive an allowance of 20$ per week. you ear

mart [117]

Part time job                          Allowance 20/wk
3 h fri
6 h sat

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4 years ago

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Answer:

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3 years ago

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3 years ago

Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 38.00% for 2 years, af

WITCHER [35]

Answer:

Estimated current stock price is $46.84

Step-by-step explanation:

First we have to find the value of dividend payment $t_1, t_2 \& t_3$

Given $D_0=$1.75$

Yearly growth rate for next 2 years( $g_1$ )=38.00%

$D_1=\$1.75\times 1.38=\$2.42$

$D_2=\$2.42\times1.38=\$3.34$

Growth after two years will 6% indefinitely

$g_2=6\%=\dfrac{6}{100}=0.06$

$D_3=\$3.34\times1.06=\$3.54$

Estimate of current stock price is

$=\dfrac{D_1}{(1+r)}+\dfrac{D_2}{(1+r)^{2}}+\dfrac{\dfrac{D_3}{(r-g_2)}}{(1-r)^{3}}$

$=\dfrac{\$2.42}{(1.12)}+\dfrac{\$3.34}{(1.12)^{2}}+\dfrac{\dfrac{\$3.54}{(0.12-0.06)}}{(1.12)^{3}}$

=$46.84

Estimate of current stock price is =$46.84

3 0

3 years ago