Answer:
$71.80
Explanation:
First, calculate the present value (PV) of each year's dividend at 11% required return;
PV(of D1) = 1.65 / (1.11) = 1.4865
PV(of D2) = 1.97 / (1.11²) = 1.5969
PV(of D3) = 2.54 / (1.11³) = 1.8572
Find D4 = 2.54(1+0.08) = 2.7432
Next find Present value PV of terminal cashflows
PV(of D4 onwards) = 
Add the PVs to find the current value of the stock today;
= 1.4865 + 1.5969 + 1.8572 + 66.8601
= 71.8007
Therefore, it is worth $71.80
Answer:
ask her why
Explanation:
because friend will do somthing for a reason
Economics in the micro-level is scarcity economics, means that every decision that is made by an individual is created based on the availability of the scarce product.
<h2>Further Explanation:</h2>
The economic is a human activity that has a purpose in improving the social standard of living based on the choice of scarcity.
Take an example of the goods for production.
In the fundamental theory of economy, which accommodated in Adam Smith in the latest 18th century.
Human has to choose among
- Lands / Capital
- Labor
- Entrepreneurship
The development of economy nowadays made a lot of health care facility to be more achievable. Take a look at public healthcare; in the past, there is no concept of insurance or general health standard. There is no standard of safety in working place. There is no transparent constitution background for someone to be safe.
Also, take a look at how easy a person in getting food. There is no more activity, like hunting for a person to get food.
<h2>Learn more</h2>
<h2>Details of the question</h2>
Grade: University level
Subject: Economy
Chapter: Microeconomy
The trustee must take all the actions like care for the assets to notifies the trustee that a borrower.
The first and most important of a Trustee's obligations is to maintain, manage, and care for the assets of the belief for the sole advantage of the beneficiaries of the consideration under the terms of the agreement with the tool.
The trustee has the right to be reimbursed for the expenses incurred by way of him for the reason of the agree with, like costs incurred for the execution of the trust, for the protection of the acceptance as true with property, for the protection or support of the beneficiary, and so forth.
The trustee can't grant legitimate and reasonable requests from one beneficiary in a well-timed way and deny or postpone granting legitimate and reasonable requests from some other beneficiary certainly due to the fact the trustee does now not particularly take care of that beneficiary. invest agree with property in a conservative way.
Learn more about the role of the trustee here:-brainly.com/question/1362888
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Pam is pursuing a market penetration strategy.
It is one of the four alternative growth strategies in the Ansoff Matrix. It is focused on selling the existing products or services in the existing markets to have a higher market share. The main goal of the market penetration strategy is to launch a product, also used to measure the product if it is doing well in the market.
