Answer:
The value of the stock today is $33.33
Explanation:
The constant growth model of the DDM approach will be used to calculate the value of this stock today.
The formula for Value of the stock today using the constant growth model is,
V or P0 = D1 / r - g
The Value of the stock today is,
V or P0 = 3 / (0.13 - 0.04)
V or P0 = $33.33
Base on the scenario, the email metric that you can ignore
after your boss asked you to do some reporting in your email performance last
quarter is the industry average. The industry average are used in means of
having to create components financially when it comes to business plan.
Answer: Because the issuer official no longer holds elected office, the contribution limits of Rule G-37 do not apply.
Explanation:
Rule G-37 is a way to ensure that Municipal Issuers are not unduly influenced by those who donated to their campaigns to get into a position to become Municipal Issuers.
It prohibites for 2 years, Municipal Finance Professionals (MFP) amongst others from engaging in municipal securities business with a Municipal issuer.
An exception however, is that if the MFP is entitled to a vote for the Official in question, they can donate no more than $250 per election.
Seeing as the Municipal Issuer Officer has lost her position, the MFP need not worry about this $250 limit as it no longer applies to her. The MFP is free to donate $500 to the "clean-up" campaign.
Answer:
3.033
Explanation:
Outstanding shares 350,000
Shares of common stock issued 450,000
Net income $1,160,000
Hence;
$350,000 X 8/12 = $233,333
$450,000 X 4/12 = $150,000
$233,333+150,000=$383,333
$1,160,000/ $383,333 = 3.033
Twin Rivers' 2017 earnings per common share, rounded to the nearest penny is 3.033
Answer:
What proportion should she invest in the risky portfolio, P, and what proportion in the risk-free asset?
W1: Risky Porfolio = 17%
W2: Risk Free Asset = 83%
E(Rp): Rate of Return: 6%
E(Rp) = W1 *R1 + W2*R2
E(Rp) = 17%*16% + 83%*4% = 6%
Explanation:
To find the proportion of investment on each assets it''s necessary to applied the following equation:
E(Rp) = W1 *R1 + W2*R2
To find W2 we define it as (1-w1) and then then the equation it's solved.
Where :
E(Rp) = Expected Return
W1 : Proportion of Risky Portfolio
R1 : Expected return of Risky Portfolio
W2: Proportion of Risk Free Asset
R2 : Expected return of Risk Free Asset