Answer:
$60.80
Explanation:
The value of the stock can be determine by using calculating the present value of the dividend. In this question the dividend of $14.40 will be paid for a specified period of six year. This is a type of annuity and we can calculate the stock value using following formula.
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
where
P is the annual payment means dividend payment of $14.40
r = required rate of return = 12%
n = numbers of years = 6 years
Placing value in the formula
Value of Stock = $14.40 x [ ( 1- ( 1+ 12% )^-6 ) / 12% ]
Value of Stock = $14.40 x [ ( 1- ( 1.12 )^-6 ) / 0.12 ]
Value of Stock = $60.80
Answer:
Explanation:
.......................................................... Raise?
<span>This is called data warehousing. This is a core element of business intelligence. Data warehouses store both the current and historical data in one place. The data warehouses can be used to create analytical reports for knowledge workers throughout the enterprise.</span>
Answer:
Some of the major types of cooperative societies are as follows:
(1) Credit Cooperative Societies
(2) Consumers Societies
(3) Producers Societies.
Credit society was the first type of cooperatives. Its objective was to provide credit to the members of the society.
<span>Which of the following are financial assets traded in money markets?
Corporate bonds & M</span>unicipal bonds. Bonds and stocks are are financial securities that are traded in a money market. Along side of the bonds and stocks that are traded within a money market, precious metals and agricultural products are traded as well. <span>
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