Answer:
Best estimate of the current stock price= $42.64
Explanation:
Price of the stock today =
.
where P2 = 
D0=$1.75
D1=$1.75(1.25)
D2=$1.75(1.25)(1.25)
D3=$1.75(1.25)(1.25)(1.06)
Price of the stock today =
. = $42.64
Business firms that sell to retailers and other merchants, and/or to industrial, institutional, and commercial users-but which do not sell in large amounts to final consumers-are called wholesalers. These are businesses that would purchase product in very large amounts and sells them to other businesses or the retailers at a lower price whose target customers are the consumers.
For Fannie Mae appraisals of manufactured homes in a condominium project are to be reported on the The <u>1004C</u> form.
For Fannie Mae appraisals of modular homes are to be reported using <u>the standard URAR form.</u>
<h3>What is
Fannie Mae appraisals?</h3>
Fannie Mae is known to be a firm that helps to guide one through appraisals. The appraisal is one that is often used to talk or judge the property in regards to its acceptability for the mortgage loan that is often requested because of its value as well as its marketability.
Therefore, For Fannie Mae appraisals of manufactured homes in a condominium project are to be reported on the The <u>1004C</u> form. For Fannie Mae appraisals of modular homes are to be reported using <u>the standard URAR form.</u>
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Answer:
Representativeness heuristic bias
Explanation:
Representativeness heuristic bias occurs when there are similar events whose probability of occurrence is assumed to be the same. People mistakenly assume there is a close relationship between the two events than there really is.
For example of John is a lawyer, he is judged to be a lawyer because of expression of various traits associated with lawyers.
Kellyanne hired Joshua from Southwest University. Because of his outstanding performance, it is assumed that other considered from Southwest University will also perform outstandingly.
This is a form of representativeness heuristic bias
The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.
<h3>What is supply curve?</h3>
The supply curve can be regarded as graphic representation which is used in showing the relationship that exist between between the cost of a good or service and quantity supplied.
However , the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.
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