The answer to this question is <span>acceptability
The </span><span>acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.</span>
Strategic alliances generally include the risk of one partner will make advantage of the other's information to strengthen its own competitive position.
A strategic alliance is an agreement between two businesses to work together on a project that will benefit both parties while maintaining their individual freedom. Compared to a joint venture, which sees two companies combine resources to form a new company, the arrangement is simpler and less legally enforceable.
The collaboration between Spotify and Uber is a well-known example of a strategic alliance. Due to their strategic partnership, Uber customers may log in to Spotify and listen to their favorite music while riding.
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Answer:
$43.19
Explanation:
Use dividend discount model(DDM) to solve this question; specifically constant dividend growth model.
P0 = D1/(r-g)
P0 = Current price
D1 = Next year's dividend = $3.11
r = investors' required return = 11.4% or 0.114 as a decimal
g = dividend growth rate = 4.2% or 0.042 as a decimal
P0 = 3.11/(0.114 - 0.042)
P0 = $43.19
Therefore, this stock price is $43.19
