Answer:
Cost of Earnings = (Dividends per share for next year ÷ Current market value of the stock) + Dividend growth rate
= 8.42 %
Explanation:
See Attachment
Answer:
3 years
Explanation:
Calculation to determine The payback period
Using this formula
Payback period=Capital investment/ Increase cash flows
Let plug in the formula
Payback period=$45,000/$15,000
Payback period=3 years
Therefore The payback period is 3 years
Well for 1, all are heat related