Answer: a. $31.5 ; b. $45.
Explanation:
A. What price should the stock sell at? The discount rate is 15%.
The dividend for the first year will be:
= $3 × (100% + 5%)
= $3 × 105%
= $3 × 1.05
= $3.15
Since Price = D1/Ke - g
Price = 3.15/0.15 - 0.05
Price = 3.15/0.10
Price = $31.5
B. How would your answer change if the discount rate was only 12%?
Price = D1/Ke - g
Price = 3.15/(0.12 - 0.05)
= 3.15/0.07
= $45
The answer changed because the discount rate has been reduced which led to the increase in the answer.
Answer:
Application
Explanation:
In the insurance process, the application is considered to be the basic source of information for the insurer, it is a form in which the individual applying for coverage, must fill and submit them accordingly. The information gotten from the application is then used by the insurer to perform the underwriting process. It is often attached as part of the insurance contract.
Hence, in this case, the correct answer is referred to as APPLICATION
Answer:
ok first I'd say that don't make the persons nail thick but nice and good if you know what I mean
Explanation:
I'm pretty sure the answer is A. A school super intendent