Answer:
4.00%%
a
Explanation:
F = P( 1 + r) ^n
15573.16 = 12800 * (1 +r) ^5
1.217 = (
1 + r = 
r = 
* 100 = 4.00%
F = p(1+ r) ^ n
P = 
P = 1
Therefore the correct option is a
Answer:
The price of the stock 10 years from now will be $38.45
Explanation:
The constant growth rate in the company's stock is,
growth rate = (2.08 - 2) / 2 = 0.04 or 4%
To calculate the price today, we use the expected dividend for the next year that is D1. To calculate the price of the share 10 years from now, we will use the D11 that is expected dividend in the 11th year from now.
D11 = D0 * (1+g)^11
D11 = 2 * (1+0.04)^11 = $3.0789
The price of the stock 10 years from now will be,
P = D11 / r - g
P = 2 * (1+0.04)^11 / 0.08 - 0.04
P = $38.446 rounded off to $38.45
<span>A portfolio with a high percentage of stocks.</span>
Answer:
Social conventions
Explanation:
Based on the information provided within the question it can be said that this is an example of cross-cultural diversity in terms of Social conventions. Social conventions refer to the rules or norms that individuals in society perform subconsciously. Such actions or behaviors can include greeting someone, shaking hands, or even driving on the right side of a road.
Answer:
A) Eight
Explanation:
Since Brenda is a price taker, she will be able to hire bricklayers as long as her marginal revenue product (MRP) is higher than her marginal cost of hiring another bricklayer.
A bricklayer's wage per hour is $18.00:
- the first seven bricklayers provide a MRP of $22.25 which is larger than $18.00
- the eighth bricklayer provides a MRP of $18.50 which is still larger than $18.00
- but the ninth bricklayer provides a MRP of $17.75 which is lower than $18.00, so she shouldn't hire the ninth bricklayer.
