Answer:
The first annual depoisit will be of 3,373.49 dollars
Explanation:
Given the formula for future growing annuity
we need to solve for the yearly payment:
grow rate: 0.04
annual effective rate: 8% compounding semiannually:
r= 0.0816
FV 2,500,000
n 46
<em><u>Formula for future value fo an ordinary annuity:</u></em>
The first annual depoisit will be of 3,373.49 dollars
Financial managers should focus on share holders because the share holders are the one who has an ownership of shares in a company that they invest in. As financial managers are the ones who works for managing money in a more efficient way, that is why they should focus on share holders for they could manage the shares that they have in the company for it to be organized and accomplish goals that they need to meet.
Answer:
2.50%
Explanation:
The dividend yield can be computed by dividing annual dividend by share price. As the dividend is not given in the question, we will find the dividend first by the required return formula and then divide it by share price in order to calculate the yield.
DATA
Annual dividend =?
Growth rate = 6.6%
Share price = $73
Required return = 0.1%
Solution
Required return = (D1/price) + growth rate
0.091 = (D1 / 73) + 0.066
0.025 = D1 / 73
D1 = 1.825
Dividend yield = (D1 / price) * 100
Dividend yield = (1.825 / 73) * 100
Dividend yield = 2.50%
Answer: Channel of distribution
Explanation: The term distribution channel is used for the network of wholesalers, distributors or retailers that work for a business entity.
This channel works as bridge between the producer of a product and its final consumer in the market.
This channel is evident only where the producing entity follows indirect distribution channel rather then selling directly to the customers.
