Use the spinner shown to answer the question. Assume that it is equally probable that the pointer will land on any one of the co
1 answer:
The probability that the pointer lands in a region that is red or blue is 1/2
<h3>How to determine the probability?</h3>The spinner that completes the question is added as an attachment
From the attached spinner, we have:
- Total section = 8
- Red or blue = 4
The probability is then calcuated as:
P =Red or blue/Total section
This gives
P =4/8
Evaluate
P= 1/2
Hence, the probability that the pointer lands in a region that is red or blue is 1/2
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Answer:
option C
Step-by-step explanation:
given,
ROE = 20 %
dividend payout ratio = 70%
paid = $ 2.00
value of current stock if required return is 18% = ?
g = (1 - payout ) x ROE
= (1 - 0.7 ) x 20%
= 6 %
dividend = 2 (1 + growth rate)
= 2 x (1 + 0.06) =$ 2.12
as current value of stock
=
=
= $17.67
hence, the correct answer is option C