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beks73 [17]
3 years ago
6

Nu-Tek is expanding rapidly. As a result, the company expects to pay annual dividends of $.62, .80, and $1.05 per share over the

next three years, respectively. After that, the dividend is projected to increase by 4 percent annually. What is the current value of this stock if the required return is 16 percent? 1. $7.63 2. $9.67 3. $10.46 4. $6.58 5. $8.49
Business
1 answer:
MrRa [10]3 years ago
8 0

Answer:

1) $7.63

Explanation:

we must can determine the price of the stock by calculating the present value of the cash flows (dividends):

present value = $0.62/1.16 + $0.80/1.16² + $1.05/1.16³ + [($1.05 x 1.04)/ (16% - 4%)] = $0.53 + $0.59 + $0.67 + $9.10/1.16³ = $0.53 + $0.59 + $0.67 + $5.83 = $7.63

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Which activity best demonstrates the trait of responsibility?
Dima020 [189]

Which activity best demonstrates the trait of responsibility?

A. demonstrating accountability for your actions

Out of the options, demonstrating accountability for your actions is the activity that best demonstrates the trait of responsibility. Your actions are of no ones responsibility besides you, you must understand the decisions you make. All of the other options are all important but not examples of accountability.  

8 0
3 years ago
MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volu
kakasveta [241]

Answer:

The answer is: Projected net sales for this year are $45,254

Explanation:

The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).

Next year their products will have a $10 increase (10%), so the unit price will be $110.

Due to the price increase, the number of units sold will decrease by 15%, to a total of 425 units.

MG Lighting total sales will be $46,750. Approximately 3.2% of the total sales will be returned (equivalent to $1,496).

MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)

6 0
3 years ago
Jobs that require lower level skills have better benefits, like health insurance, than jobs that require a college education. Pl
brilliants [131]

Answer:

False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.

8 0
3 years ago
What are some examples of trade controls?​
aleksandrvk [35]

The use oftrade controls to reduce foreign competition in order to protect domestic industries.

Hope this helps! :)

5 0
2 years ago
The nominal exchange rate is A. the difference between the interest rate in one country and the interest rate in another country
Veronika [31]

Answer:

Option (B) is correct.

Explanation:

The nominal exchange rate refers to the rate at which there is a buying and selling of goods and services among the countries. It is the amount of home currency that are needed to purchase a unit of foreign currency.

For example: A resident of India would need 75 Indian rupees to purchase a dollar of United States. Therefore, the nominal exchange rate between the India and the United States is as follows:

1 US dollar = Rs. 75

5 0
3 years ago
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