Answer:
$1,779.90
Explanation:
Formula for finding the amount he has to save, this formula would be used :
Amount = FV / annuity factor
Annuity factor = [(1 + r)^n - 1 / r]
FV = Future value = $5920
n = number of years = 3
i = interest rate = 10.5
Annuity factor = (1.105^3 - 1 ) / 0.105 = 3.326025
$5920 / 3.326025 = $1,779.90
<span>Assif Mandvi's imitation of an american answering a call for "tech support" was an example of ethnocentrism. Ethnocentrism can be defined as the belief that one's own ethnic group is superior to other groups. Ethnocentrism is also the tendency to view other cultures from one's own perspective, instead of objectively.</span>
Answer:
Explanation:
The cost of equity can be estimated using two (2) different models:
- <em>The Dividend Valuation Model</em>
- <em>The capital asset pricing model (CAPM)</em>
<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return. </em>
The model is stated below as follows
P = D(1+g)/ke-g)
<em>The capital asset pricing model (CAPM): relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c
</em>
<em>This model is considered superior to DVM. Hence, we will use the CAPM</em>
Using the CAPM , the expected return on a asset is given as follows:
E(r)= Rf +β(Rm-Rf)
E(r) =? , Rf- 2.86%, Rm-Rf - 7.00 β- 1.23
E(r) = 2.86% + 1.23× 7%
= 2.86% + 8.61%
= 11.47
%
Cost of equity= 11.47
%
Incorporation of business means staring a new business in corporate form. At the time of incorporation of a business, it is necessary to file employee policies with the proper state agency important and preparation of articles of incorporation and bylaws, but holding an incorporator's meeting is not a major step.
Hence, the correct answer is:
B. Holding an incorporator's meeting
You purchased 580 shares of stock at a price of $59.37 per share. Over the last year, you have received a total dividend income of $680, then the dividend yield is 1.2%.
Dividend Yield = (Dividend/Your Shares)/PPS
The dividend yield is an economic ratio that tells you the proportion of a business enterprise's share price that it pays out in dividends every 12 months.
Dividend yield can help investors evaluate the potential income for each dollar they make investments, in and decide the risks of investing in a particular company. an amazing dividend yield varies depending on marketplace situations, but a yield between 2% and 6% is considered ideal.
The dividend yield or dividend–price ratio of a percentage is the dividend in step with share, divided by the rate in step with percentage. it's also an organization's total annual dividend bills divided by its marketplace capitalization, assuming the range of stocks is steady. it is regularly expressed as a percentage.
Learn more about Dividend yield here:- brainly.com/question/13402434
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