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olchik [2.2K]
1 year ago
14

If real GDP per person were equal to $2,620 in 1900 and grew at a 3 percent annual rate, what would be the value of real GDP per

person 110 years later
Business
1 answer:
gavmur [86]1 year ago
5 0

If real GDP was 2630 and grew annually at 3%, The value of real GDP ten years later is going to be $67670

<h3>How to solve for real GDP </h3>

We have to start by starting the formula A = P(1+r)^n

We have P = principal = 2620

We have r as the rate of interest = 3% = 0.03

We have the number of years n = 110

We have to put these values in the formula we have

A= 2620(1+0.03)^110

= 67669.9

This is approximated to be

= 67670

Read more on Real GDP here:

brainly.com/question/17110800

#SPJ1

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Answer:

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Explanation:

The preferred stock is cumulative whch means any arrears in preference dividend will be paid whenever the dividend is declared.

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Thus, when 320000 cash dividend is declared, 2 years ( current year and arrear year) preference dividend will be paid first and the remaining will be distributed among common stock holders.

The dividedn for common stockholders is 320000 - (84000 * 2) = $152000

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Golf Digest Companies marketing research department used focus groups, consumer diaries, purchase protocols and in-depth intervi
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asset w has an expected return of 15.7 percent and a beta of 1.75. if the risk-free rate is 3.3 percent, what is the market risk
Marizza181 [45]

The market risk premium is 14.12. A market risk premium in finance and economic is used to measure how much the level of risk.

A risk premium means a measure of excess return that is used by an individual to compensate being subjected to an improved degree of risk. A risk premium is the common definition being the expected risky return less the risk-free return.

To find the amount of risk premium, we can calculate it use beta of the stock formula:

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Because we need the amount of  risk premium, then it will be:

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Risk premium =  1.75/(15.7% - 3.3 percent)

Risk premium = 1.75/(0.157 - 0.033)

Risk premium = 1.75/0.124

Risk premium = 14.12

Thus, the market risk premium is 14.12.

Learn more risk premium, here brainly.com/question/28235630

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5 0
11 months ago
A company launched four new products. The market price, in dollars, of the four products after different number of years is show
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<span>anonymous 2 years ago</span><span>A company launched four new products. The market price, in dollars, of the four products after different number of years is shown below: The price of which product will eventually exceed all others?</span>
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