1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dafna11 [192]
3 years ago
6

Three corners markets paid an annual dividend of $1.37 a share last month. today, the company announced that future dividends wi

ll be increasing by 2.8 percent annually. if you require a return of 11.6 percent, how much are you willing to pay to purchase one share of this stock today?
Business
1 answer:
nikklg [1K]3 years ago
6 0
Given 
   $1.37 = share month
   2.8 % increase 
   11.6 % returned
Find how much pay to purchase one share of this stock 

$1.37 x 0.028 = 0.03836
$1.37+0.03836 = 1.40836
$<span>1.40836 x .116 = 0.16336976
$</span>1.40836+<span>0.16336976 = $1.57 

The answer is $1.57 to purchase one share of this stock today.</span>
You might be interested in
Suppose 6 months ago a Swiss investor bought a 6-month U.S. Treasury bill at a price of $9,708.74, with a maturity value of $10,
hoa [83]

Answer:

The annualized rate of return to the Swiss investor is -7.93%.

Explanation:

This is an instance of foreign currency bond.

Using the exchange rate of $1 = 1.420, purchase price of the bond is calculated as $9,708.74 x 1.420 = 13,786.4108 Swiss Francs

Using the exchange rate of $1 = 1.324, maturity value is $10,000 x 1.324 = 13,240 Swiss Francs

Holding period is 6 months.

So, annualized rate of return is: (Maturity amount - Purchase price)/Purchase price x 12 / No of months

Annualized rate of return is: (13,240 - 13,786.4108)/13,786.4108 x 12/6 = -0.079268028.

Annualized rate of return is -7.93% approximately.

3 0
2 years ago
Firms that charge relatively low prices and offer substantial differentiation are following a best-cost strategy. A best cost st
satela [25.4K]

Answer: The answer is given below

Explanation:

A best-cost strategy is a strategy that is used by companies as they focus on low cost in order to give their customers better value for the money spent on the purchase of goods or services from them. The goal of this strategy is to keep the prices and costs lower when compared with the other competitors that offer similar products.

This strategy can be very successful in retail stores. Retail stores offer similar products to their competitors and using this strategy could help in making the store get more customers and hence push up its income.

For this strategy to work in such industry, firstly, the company will need to study its market very well, get to know its competitors, have a good working relationship with the manufacturers of different products, and have a friendly and amazing staffs who know what is and expected of them. With all these in place, success will be achievable.

An example of a firm in Jacksonville that is following a best cost strategy is

McDonald. The company over the years, has been successful and laid s foundation of offering fast-food meals that are of low prices and affordable.

4 0
3 years ago
How do supply and demand influence market price?
rosijanka [135]

Answer:

The answer would be D) The market clearing price is where quantity demanded is equal to quantity supplied.

Explanation:

5 0
2 years ago
You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost of the expansion would be SF
Marysya12 [62]

Answer:

Explanation:

First we need to calculate the expected spot rates for the next 5 years using IRP....

Please Kindly go through the attached files for how this and other questions you require answers to are solved step by step.

7 0
3 years ago
Olivia is a florist who specializes in roses.
Eva8 [605]

Answer:

Olivier does have sufficient contract rights because she already signed a 5 year contract to supply as many roses as possible to Juan. Juan cannot come at the end of two years and break the contract

Explanation:

1. 1. What contract rights and remedies, if any, does Olivia have against Juan?

The most important point of focus from the aspect of the law and statute of frauds is that from the scenario it was stated clearly that ''She has a <u>five-year written contract with Juan to sell him as many roses as he needs for his wedding chapel.</u> ''

Olivier does have sufficient contract rights because she already signed a 5 year contract to supply as many roses as possible to Juan. Juan cannot come at the end of two years and break the contract

2. What contract rights and remedies, if any, does Olivia have against Ann?

The scenario states clearly that ''Ann emailed Olivia an order for <u>"1,000 white stems''</u> and ''Olivia instead sent orchids, the only "white stems" available at the time.''

Hence Olivia fulfilled Ann's orders and Ann has absolutely no case at all. Olivia has acted in accordance to Ann's request and has full rights to claim her payment.

3. What defenses, if any, do Juan and Ann have?

In summary the defenses of both parties are weak

1. Juan has a defense of unforeseen financial difficulties but this will be insufficient to override a written contract

2. Ann assumed that Olivia would send roses but assumption does not work in the eyes of the law but written agreements.

Additionally, Ann could argue that Olivia should have communicated the price of the orchids at the point of processing Ann's orders.

6 0
2 years ago
Other questions:
  • The night owl restaurant expects to sell 6,000 meals during the upcoming month with an average variable cost per meal sold of $6
    15·1 answer
  • Qs 14-2 fixed and variable costs lo c2 a cell phone company offers two different plans. plan a costs $80 per month for unlimited
    11·1 answer
  • You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current mo
    13·1 answer
  • Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry
    12·1 answer
  • A variable cost a. is synonymous with labor costs b. changes in the same direction and in direct proportion to changes in operat
    12·1 answer
  • Alan tries to make life easy on his employees by telling them exactly what to do and how to do it. he believes that most of his
    6·1 answer
  • The National Chair Company manufacturers wooden chairs and sells them via their website. Their chairs are manufactured in a make
    5·1 answer
  • Which factor could influence an employer to increase an employee's wages?
    12·1 answer
  • WILL GIVE BRAINLIEST!! NEED ASAP
    15·1 answer
  • The management approach to the definition of segments for financial reporting expects a company to: I. Report disaggregated info
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!