Answer:
the intrinsic value of the stock is $60
Explanation:
The computation of the intrinsic value of the stock is as follows:
But before that the cost of equity is
The Cost of Equity is
= Risk Free Rate + Beta × (Market Return - Risk Free Rate)
= 8% + 0.80 × (18% - 8%)
= 16%
Now
Intrinsic Value is
= Next year Dividend ÷ (Rate of Return - Growth rate)
= $3 ÷ (16% - 11%)
= $60
hence, the intrinsic value of the stock is $60
The market's labor demand is L=500−2.5W
Since labor demand as a function of the daily wage is L 50-0.25W.
Hence,
The individual labor demand curve is: L=50−0.25W
Now let determine The market labor demand curve
The market's labor demand is :
L=10(50−0.25W)
L=500−2.5W
Inconclusion The market's labor demand is L=500−2.5W
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I believe the taxes increased, because a lot of American citizens are under paid for their hard labor and work..
Answer:
Yana is a village located in forests of the Kumta, Uttara Kannada district of Karnataka, India which is known for the unusual karst rock formations.
Explanation:
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Ancient Egyptian clothing is comprised almost completely out of one variety of <u>textile</u>
- Ancient Egyptians used linen-based clothes. Fabrics that are light and cool, like linen, are useful in hot climates like Egypt's. The flax plant's fibres were used by the Egyptians to make linen. The fibres were spun by workers into thread, which was subsequently weaved on looms into linen cloth.
<h3><u>
What did Egyptians use as textiles?</u></h3>
- Although wool was occasionally used in Egyptian textiles throughout the Dynastic Era (3100 BCE–300 BCE), linen predominated. (Silk and cotton were only added later.) Three primary categories of linen were produced: smooth cloth, thin cloth, and royal or fine linen.
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