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Evgesh-ka [11]
2 years ago
14

Identify the type of sentence below.

English
1 answer:
attashe74 [19]2 years ago
6 0

Answer:

This is a complex sentence.

Explanation:

dependent clause + independent clause

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Vicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacturer. She finds that
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University of Arkansas FINN FINN 005 iv) Vicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacturer. She finds that the firm's most...

Question

iv) Vicky Robb is considering purchasing the common stock of Hawaii

Industries, a rapidly growing boat manufacturer. She finds that the firm's most recent (2020) annual dividend payment was $2.50 per share. Vicky estimates that these dividends will increase at a 20% annual rate, g1, over the next 3 years (2021, 2022, and 2023) because of the introduction of a hot new boat. At the end of the 3 years (the end of 2023), she expects the firm's mature product line to result in a slowing of the dividend growth rate to 8% per year, g2, for the foreseeable future. Vicky's required return, rs, is 15%.

Required: What is the current (end-of-2020) value of Hawaii's common stock, P0 = P2020.

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3 years ago
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