Answer:
Intrinsic value is $114.30
Explanation:
Given:
Dividend paid = $8
Required rate of return = 7% or 0.07
There is no growth in dividends.
Calculate price of preferred share using DDM as shown below:
Price of preferred share = Dividend paid ÷ Required rate of return
= 8 ÷ 0.07
= $114.28 or $114.3
Therefore, price of preferred share is $114.30
Answer:
Answer for question :
The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of return is 17%. What is the expected stock price two years from now. Round the answer to the nearest integer " is as explained below.
Explanation:
1. the expected stock price two years from now = 3 * 1.065^3/(0.17 - 0.065)
the expected stock price two years from now = 34.51
2. FV = 0, N = 8, PMT = 288, rate = 4%
use PV funciton in Excel
value at time 0 = 1939.03
Answer:
variable costs.
variable costs.
fixed cost
variable costs.
fixed cost
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
Hourly wage costs and payments for production inputs are variable costs
Variable costs are costs that vary with production
If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.
If no pizzas are delivered, there would be no need for boxes. thus boxes of pizza is a variable cost
the salary of the programmer is not dependent on the level of output. thus it is a fixed cost
Answer:
c. The response of buyers and sellers to a change in the price of bananas is strong.
Explanation:
At more elastic the demand (buyers) and supply ( sellers) curve are, greater the effect on the equilibrium quantity. As the taxes is negative for both parties:
increase sales price for the buyer (demand) the demand curve will shift down at higher elasticity
If the supply is inelastic the supplier will take the hit of the tax and but if it is elastic as well both will "fight" to move the effect to the other making the quantity decrease heavily
Answer:
how the process of recontextualization changes the meaning associated with an HRM policy or practice
Explanation:
The simple meaning of HRM policies and practices are the guidelines and procedures that is established by an organization in order to ensure that productivity is constantly sustained. It includes the process of recruitment, guidelines for performance evaluation, and the approaches by which management addresses operational challenges.
If the practice of recontextualization implies the transferring of HRM practices and changing them according to the nature of the business in the environment it operates in, then the HRM policies and practices of such organization will:
- Be altered in terms of recruitment and selection processes
- Align its existing policies with the norm of the society in order to have competitive advantage among its competitors.
- Be expected to development or redefine its management approaches to work.
- Establish other means for enhanncing productivity and results.
By this changes, the existing HRM policies and practices changes
