Answer:
$60
Explanation:
r = return = Risk-free rate + [beta * (Portfolio expected return - Risk-free rate)] 0.04 + [0.60 * (0.19 − 0.04)] = 0.13
Intrinsic value = Next dividend / (r - Growth rate) = 3 / (0.13 - 0.08) = $60
Therefore, the intrinsic value of the stock of Todd Mountain Development Corporation is $60.
Answer:
4000
Explanation:
Calculation to determine how many units of foreign currency does the same basket of goods cost in that country
Based on the information given we were told that the PRICE OF A BASKET OF GOODS is the amount of $2000 in which the dollar buys TWO UNITS of some country’s currency, now let determine HOW MANY UNITS of foreign currency does the same basket of goods cost in that country
Using this formula
Units of foreign currency=Basket of goods price*Some country’s currency units
Let plug in the formula
Units of foreign currency=$2,000* 2 units
Units of foreign currency=4,000 units
Therefore the number of units of foreign currency that the same basket of goods cost in that country is 4,000
The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some country’s currency, then how many units of foreign currency does
Alright, well look like this:
Public goods are goods that are open to anyone. They can’t turn down customers, and they can’t turn down even people who don’t pay.
Excludable goods means the people CAN turn away those who don’t pay. So, this is wrong.
Goods for a profit means that no matter what, they make money. Meaning those who can’t pay can still be turned away.
Privately owned goods can be turned away to and from anyone. This is also wrong.
Nonexcludable goods means that ANYONE can use this good or service, they aren’t for profit, they are non-rivalrous, etc. This is your answer.
<span>~Hope this helps!</span>
Any country around the world has certain targets for becoming an ideal and economically stable nation. Economic goals of full employment, stability, economic growth, efficiency, and equity are widely considered to e beneficial and worth pursuing for a country to achieve economic stability. Full employment and price stability are goals that conflict with each other. Full employment is an economic situation in which all the available labor resource is being used in the most efficient way possible while price stability implies avoiding both prolonged inflation and deflation.