Answer:
personal finance and Financial literacy gives an advantage to exploit the financial products available nowadays and to manage the resources of a single person or a family in the best way possible to achieve their goals.
<span>In the context of populations in the united states, millennials "</span>are now more in number than baby boomers".
Millennial was not a word you heard all that regularly only a couple of years ago, it is a personality given to a comprehensively and enigmatically characterized gathering of individuals. It is very less frequently alluded to as Generation Y, Millennials are the gathering of youngsters that are born between the mid 1980s and the mid 2000s.
The price of the stock 19 years from now would be the present value of all the dividends to be paid starting year 20. Here, to compute the PV of the dividends, we can use the PV of perpetuity formula as the dividends will be paid for the infinite period of time.
Value of the stock after 19 years = Dividend year 20/ required return
= $20 / 0.0725
= $275.86
I believe it's B but I am not positive. I'm taking the test right now.
Increase output!!!!
little late but ...