Answer:
$66.9725
Explanation:
Data provided in the question:
Dividend:
D1 = $1.20
D2 = $1.40
D3 = $1.55
Expected future price, P3 = $82
Required return = 8.9 percent = 0.089
Now,
Stock price today = Present value of dividends and the future value
Stock price today = 
or
Stock price today = 1.1019 + 1.1805 + 1.2001 + 63.49
or
Stock price today = $66.9725
Answer:
For Juniper Enterprises to breakeven it must sell 607 units
Explanation:
To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.
Break-even point in units=fixed cost/contribution per unit
fixed costs incurred is $8,400
contribution per unit=selling price per unit -variable cost per unit
selling price is $28
variable cost is $16.80
contribution per unit=$28-$16.80=$11.2
0
break-even in units =$6,800/$11.2
0=607 units
Answer:
C. be held liable under the misappropriation theory of insider trading.
Explanation:
Insider trading refers to the practice of utilizing confidential information that is not available for the public in order to make a profit in stock market. Currently, this action is deemed as illegal ever since the The Insider Trading Sanctions Act was created in 1984 .
The Security and Exchange omission created that act in order to ensure that no investors have to experience unfair situation in the market . Having confidential information will make it really easy for a person to predict whether the price of the stock will go up or down.
This can be seen In Bart's action. Pay attention to this part of the excerpt:
<em>Bart learns from Alway's company files that Steel Co. is in the final stages of negotiation for a highly profitable </em>
Wher do we choose the communication planning and resource?
Answer:
The balance in the paid in capital in excess of par will be $478,950.
Explanation:
As 4,210 shares is retired and each shares carries a $5 Paid-in capital in excess of par ( Issued price - Par value = $8 - $3 = $5), the retirement of 4,210 shares will include the clear of 4,210 x 5 = $21,050 in Paid-in capital in excess of par.
The beginning balance of the Paid-in capital in excess of par account = (8 -3) x 100,000 = 300,000
=> The remaining balance of the Paid-in capital in excess of par account = 500,000 - 21,050 = $478,950.
So, the answer is $478,950.
