Answer:
The correct answer is letter "C": the invisible hand.
Explanation:
In Economics, the term "invisible hand" refers to the belief that markets are created according to the demands and needs of individuals who take advantage of opportunities without the need for the intervention of other parties like a government. The term was coined by Scottish Enlightenment thinker Adam Smith (1723-1790) in his book "<em>An Inquiry into the Nature and Causes of the Wealth of Nations</em>" (1776).
Answer:
B
Explanation:
when she is talking over the slides, some people are not good multi-taskers and want to listen to the more interesting thing, which is the audio.
Answer:
Explanation:
Last dividend = $1.85 (D0)
growth rate = 4% (g)
Current year dividend (D1) = 1.85*(1+0.04) = $1.924
r = 12%
Current price = D1/(r-g) = 1.924/(0.12-0.04) = 24.05
Price in 3 years = D4/(r-g) = D0*(1+g)^4/(r-g) = 1.85*1.04^4/0.08 = $27.0529792
Price in 14 years = D14/(r-g) = D0*(1+g)^15/(r-g) = 1.85*1.04^15/0.08 = $41.647