The correct answer of the given question above would be to LEASE THE CAR. If Jim wants to buy a car, but he'll probably need it for a couple of years and he only has a short commute to work so he won't be putting many miles on his vehicle, the best transportation option for him is to lease the car. Hope this answer helps.
Karen is prospecting, which does occur within the larger category of preapproach. She is actively identify prospective customers to differentiate those who would most likely to buy her product, but she has yet to carry out interactions, she is still organizing her ideas and identifying her likely customers, but not actively engaging with a presentation or approach, as such this is prospecting.
It all depends on the varety of kinds
Answer:
The value of the firm's common stock is $48
Explanation:
The constant dividend growth model is used to determine the market value of the share and which can be expressed as:
![P = \dfrac{D}{r-g}](https://tex.z-dn.net/?f=P%20%3D%20%5Cdfrac%7BD%7D%7Br-g%7D)
here;
the value of the current market price of the share (P) = unknown?
The dividend expected in the next year (D) = $2.40
The required rate of return (r) = 12% = 0.12
The growth rate (g) = 7& = 0.07
Replacing the values into the above equation:
![P = \dfrac{2.40}{0.12-0.07}](https://tex.z-dn.net/?f=P%20%3D%20%5Cdfrac%7B2.40%7D%7B0.12-0.07%7D)
![P = \dfrac{2.40}{0.05}](https://tex.z-dn.net/?f=P%20%3D%20%5Cdfrac%7B2.40%7D%7B0.05%7D)
P = $48