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Oksanka [162]
1 year ago
7

If ABC corporation paid a dividend of $6 per share last year. The stock currently sells for $80 per share. You estimate that the

dividend will grow steadily at a rate of 6% per year into the indefinite future. What is the cost of equity
Business
1 answer:
saul85 [17]1 year ago
4 0

The cost of equity is 13.95%.

<h3>What is stock?</h3>
  • Stock (sometimes known as capital stock) in the financial industry refers to the shares into which ownership of a corporation or company is divided.
  • A single share of stock represents a fractional ownership interest in the company based on the total number of shares.
  • The shareholder (stockholder) will then typically be entitled to that portion of the company's earnings, proceeds from the sale of company assets (after paying off all senior claims such as secured and unsecured debt), or voting rights, with these rights frequently being distributed in proportion to the amount of money each stockholder has invested.
<h3>What is Share?</h3>
  • A share is a unit used in mutual funds, limited partnerships, and real estate investment trusts in the financial markets.
  • Share capital is the collective term for an organization's shares.
  • A shareholder (or stockholder) of a corporation is someone who owns shares in that company.
  • A share is an undividendable piece of capital that expresses the shareholder's ownership of the company.

Learn more about Share here:

brainly.com/question/13931207

#SPJ4

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It's most likely true. Anyone over 64 is typically considered a senior or elder.
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Why many people are convinced to engage in business
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Because they really like it and know how to do business. And also because it could get you money and people like to be higher han others so if you were in it you would be in big corporations and be higher than others
4 0
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If a surfboard is produced this year, but not sold until next year, how is it counted in this year's gdp and not next year's?
Natasha_Volkova [10]

The value of the goods produced is recorded for the the current year GDP. The year of production not the year of the sale is where the product being produced needs to be recorded within. If it is sold the following year, the sale will then be recorded in the year it is sold in.

6 0
3 years ago
Ian and Harriet divorced in 2017. Their son, Preston, is age 10 and has lived with Ian for the last two years. The divorce decre
Eddi Din [679]

Harriet is the person that can claim the earned income credit because the divorce decree gives Harriet the right to claim Preston as a dependent.

<h3>What the law on divorce states</h3>

The law on divorce or separation decree states that the noncustodial parent may claim the dependent even when there is no written declaration from the custodial parent.

Other explanation includes:

  • The parent who the child spends the most time with may claim the dependent.
  • If only one of the taxpayers is the child’s parent, that parent may claim the dependent.

In conclusion, Harriet is the person that can claim the earned income credit because the divorce decree gives Harriet the right to claim Preston as a dependent.

Read more about income credit

<em>brainly.com/question/13522402</em>

3 0
2 years ago
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how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​
alexira [117]

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

6 0
2 years ago
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