Answer:
The fair price of stock today is $48.425 and that is the most one should be willing to pay today.
Explanation:
The company's dividend will grow at a constant rate of 4.3% which means that the constant growth model of Dividend Discount Model will be used to calculate the price of a stock today.
The formula for Constant growth model is,
P0 = D0 (1 + g) / r - g
Where,
- D0 is dividend today
- r is the required rate of return
- g is the growth rate in dividend
P0 = 1.95 * (1+0.043) / 0.085 - 0.043
P0 = $48.425
Answer
Reputation Management
Explanation:
As a way to maintain its popularity with the fans due to the scandal, MLB's need to look into reputation management
Changing customer needs: When companies add products, services and processes to offerings, firms can create and deliver value more effectively by satisfying the changing needs of their current and new customers or simply by keeping customers from getting bored with the current product or service offering.
Hotel clerks, amusement park workers, and travel agents all work in careers found in the PUBLIC career cluster