Performance of ________ activities would not be possible without _______

Darden Restaurants is expected to pay annual dividends of $1.90 and $2.10 over the next two years,respectively. After that, the

Ainat [17]

Answer:

$13.89

Explanation:

The computation of the value of stock is shown below:

Year Dividend Present value factor at 16% Present value

1 $1.90 0.862 $1.64

2 $2.10 0.743 $1.56

3 $2.30

Price $14.375 0.743 $10.68

The price is computed below:

= $2.30 ÷ 16% = $14.375

Total present value $13.89

The present value factor is computed below:

= 1 ÷ (1 + rate) ^ years

For Year 1 = 1 ÷ 1.16^1 = 0.862

For Year 2 = 1 ÷ 1.16^2 = 0.743

7 0

4 years ago

Say, 3 customers enter a store. On the basis of past experience, the store manager estimates the probability that any one custom

vaieri [72.5K]

The probability that two of the next three customers will make a purchaseis mathematically given as

P(1) =0.441

<h3>What is the probability that two of the next three customers will make a purchase?</h3>

Generally, the equation for Probablity is mathematically given as

A)

P(1) = 3 C 1 (0.3)^1 (0.7)^2

P(1) =0.441

B)

n=1000

E (x) =np = 1000x0.3

E (x) =3.00

C)

Variance= mpq

Variance= 300 x0.7

Variance= 210

In conclusion,

P(1) =0.441

E (x) =3.00

Variance= 210

Read more about probability

brainly.com/question/14210034

#SPJ1

4 0

2 years ago

the context of bringing the code of ethics of a company to life, which of the following statements is true when experts try to a

gayaneshka [121]

Answer:

It should be ensured that the ethics code of the company is both global as well as local in scope

Explanation:

Code of ethics is the set of the principles which is to be followed by the company or business in order to conduct or perform and it will guide the behavior as well as decision making.

The motive of the code is to provide the members with the guidelines for the making the ethical decisions as well as choices in order to perform the work.

So, the ethic or code should ensure that it has both local as well as global scope for the company.

NOTE: The options are missing so providing the direct answer.

5 0

4 years ago

A company has derivatives transactions with Banks A, B, and C which are worth +$20 million, −$15 million, and −$25 million, resp

timurjin [86]

Answer:

1. With Bilateral Clearing, where the company posts variation margin, but no initial margin:

The company has to provide collateral to Banks A, B, and C of $0 million, $15 million, and $25 million respectively.

Therefore, the total collateral required is $40 million.

2. With Central Clearing through the CCP, where the CCP usually requires an initial margin of $10 million:

The derivatives are netted against each other, and the company’s total variation margin is $20 million (–$20 + $15 + $25) in total.

The total margin required (including the initial margin) is, therefore, $30 million ($20 + $10 million).

Explanation:

a) Data and Calculations:

Worth of derivative with Bank A = +$20 million

Worth of derivative with Bank B = -$15 million

Worth of derivative with Bank C = -$25 million

b) In a bilateral clearing, the company and each bank (called market participants) enter into an agreement with each other to cover all outstanding derivative transactions between the two parties. On the other hand, in central clearing, a central clearing party (CCP) stands between the two sides of an OTC derivative transaction in much the same way that the exchange clearing house does for exchange-traded contracts.

3 0

3 years ago

First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest

kogti [31]

Wowing I just got home from church I toeow go get home now I got home I

6 0

3 years ago

Performance of ________ activities would not be possible without ________ activities.

Performance of activities would not be possible without activities.