Answer:
checking accounts are better for transaction such as paying pills purchases, atm withdraws while saving accounts are better for storing money and earning interest,
Explanation:
Answer:
<h3>A target market is the set of consumers that a company plans to sell to or reach with marketing activities. A target audience is the group or segment within that target market that is being served advertisements.</h3>
<h2>hope it helps.</h2><h2>stay safe healthy and happy...</h2>
Answer:
arithmetic average growth rate = (10% + 3.03% + 4.62% + 3.21%) / 4 = 5.22%
we need to find the required rate or return (RRR) in the following formula:
stock price = expected dividend / (RRR - growth rate)
- expected dividend = $2.57 x 1.0522 = $2.7042
- stock price = $60
- growth rate = 0.0522
605 = 2.7042 / (RRR - 0.0522)
RRR - 0.0522 = 2.7042 / 60 = 0.045
RRR = 0.045 + 0.0522 = 0.0973 = 9.73%
geometric average growth rate = [(1.10 x 1.0303 x 1.0462 x 1.0321)¹/⁴] - 1 = 0.05178 = 5.18%
again we need to find the required rate or return (RRR) in the following formula:
stock price = expected dividend / (RRR - growth rate)
- expected dividend = $2.57 x 1.0518 = $2.703126
- stock price = $60
- growth rate = 0.0518
60 = 2.703126 / (RRR - 0.0518)
RRR - 0.0518 = 2.703126 / 60 = 0.0450521
RRR = 0.0968521 = 9.69%
