Answer: B. 40%
~hope this helps!~
Step-by-step explanation:
Answer: I believe it would be 171637
Step-by-step explanation:
Answer:
Step-by-step explanation:
m∠ABC + m∠BAC + m∠ACB = 180°
a + 2a + 6a = 180°
9a = 180°
a = 20°
m∠ABC = 20°
m∠BAC = 2 × 20° = 40°
m∠ACB = 6 × 20° = 120°
Based on the fact that Duffs Co. dividends grow at 24% for three years and then 6%, the current share price of the company is $63.29.
<h3>What is Duffs Co. current price?</h3>
First, find the price of the stock in year 3 when the stock grows at 6%:
= (1.90 x 1.24³ x 1.06) / (0.11 - 0.06)
= $76.79
This amount is the terminal value. You are to take the present value of this amount along with the present value of the dividends up to year 3:
= ((1.90 x 1.24) / 1.11) + ((1.90 x 1.24²) / 1.11²) + ((1.90 x 1.24³) / 1.11³) + 76.79 / 1.11³
= $63.29
Find out more on solving for current share price at brainly.com/question/15798462
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