Answer: $26.56
Explanation:
Present value of stock = Dividend in year 1 / (1 + required rate of return) + Dividend in year 2 / (1 + required rate of return)² + Dividend in year 3 / (1 + required rate of return)³ + Dividend in year 4 / (1 + required rate of return)⁴ + Dividend in year 5 / (1 + required rate of return)⁵ + Dividend in year 6 / (1 + required rate of return)⁶ + Terminal value / (1 + required rate of return)⁶
Terminal value = ( Dividend in year 6 * (1 + growth rate) / ( required rate of return - growth rate)
= (1.15 * (1 + 18%)⁶ * (1 + 7%) ) / (15% - 7%)
= $41.5225
Present value of stock:
= (1.15 * 1.18) / (1 + 15%) + (1.15 * 1.18²) / (1 + 15%)² + (1.15 * 1.18³) / (1 + 15%)³ + (1.15 * 1.18⁴) / (1 + 15%)⁴ + (1.15 * 1.18⁵) / (1 + 15%)⁵ + (1.15 * 1.18⁶) / (1 + 15%)⁶ + (41.5225) / (1 + 15%)⁶
= $26.55585976
= $26.56
Answer: There are two possible scenarios against the decree of a Minimum Price for a good or service. In the first, if the equilibrium Price is above the Minimum Price established, then this policy will have no effect on the market. But in the second scenario, if the equilibrium Price is below the Minimum Price there will be a surplus of said good, that is, the quantity offered will be greater than the quantity demanded.
Radio & Television Is The Answer
Answer:
We have to select the supply curve graph that correctly depicts the situation.
I have provided the graphs in the attachment below.
The correct answer is the graph C
Explanation:
When factors other than price increase the supply of a good, the supply curve shifts to the left. Mechanical refrigeration is an advance in technology that increases the amount of dairy products that producers can supply at any given price, therefore, the supply curve shifts to the right.
Demand stays the same, and benefits from lower prices (and from smaller fluctuations in price).
Answer:
Strategic Management reflects a firm's actions to achieve it's mission and vision as seen by it's achievement of specific goals and objectives.
Explanation:
Strategic Management is the management of an organization's resources in the most efficient manner to achieve it's goals and objectives.
Vision refers to where an organization wants to be in the future. It also includes the values that govern an organization's actions. It refers to what an organization wants to achieve in the long run.
Mission defines the approach or means by which an organization is going to achieve those objectives.
So, <em>Strategic Management reflects the actions or steps a firm undertakes towards achievement of it's specified goals and objectives</em>.