Answer:
b. $50.00
Explanation:
Intrinsic per share stock price immediately after the repurchase will be $50
Answer:
Growth rate is 6%
Explanation:
Po = 
P = 0.3 / (0.1 - 0.06)
P = $75
Dividend growth model is used to calculate the stock price based on the dividend growth.
Answer:
c. $23,160
Explanation:
Adjusted cash balance per books as at August 31
Cash balance per book $19,500
Add Notes receivable and interest collected by bank $4,800
($19,500+$4800) $24,300
Less:(Deposits in transit $900
-NSF check 1,020) ($120)
NSF check (1,020)
Cash balance per books $23,160
What is the question? i need more details to helpp you properly
Answer:
<u>Prize is $22,071.39 worth today</u>
Explanation:
Present value of Annuity = A*[(1-(1+r)^-n)/r]
A - Annuity payment = 500
r - rate per period = 6/12 = .5%
n - no. of periods = 50
Present value of Annuity = 500*[(1-(1.005)^-50)/.005]
= 500*[(1-0.77928606825)/.005]
= 500*44.14278635
= $22,071.39