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Rainbow [258]
3 years ago
8

This morning you purchased a stock that just paid an annual dividend of $2.20 per share. You require a return of 9.3 percent and

the dividend will increase at an annual growth rate of 3.1 percent. If you sell this stock in three years, what will your capital gain be?
Business
1 answer:
kompoz [17]3 years ago
8 0

Answer:

The capital gain is $3.30

Explanation:

Capital gain = Ending price - Initial price

Initial price = [$2.20(1 + .031)]/(.093 − .031) = $36.58

Ending price = [$2.20(1 + (.031*4))]/(.093 − .031) = $39.88

Capital gains = $39.88 − 36.58 = $3.30

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Digiron [165]

Answer:A. current and previous addresses

B.employment

C.personal references

D. no advance preparation

Explanation:

you should be prepared with all of the following prior to looking at properties except no advance preparation. This is the logical answer among the choices given. The correct option among all the options that are given in the question is the last option or option "D". I hope the answer helps you.

5 0
4 years ago
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Probett’s Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 pe
faust18 [17]

Answer: $730.2

Explanation:

Let the total cost of cleaning clothes = X

Other variables include:

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3 0
4 years ago
When evaluating a chi-square test, describe the importance of the goodness of fit test. Provide an example and explain how the t
schepotkina [342]

Answer:

Explanation:

Whenever you merely have one categorical variable within a single population, the goodness fit test is utilized.  It's used to see if sample data matches a hypothesized or predicted distribution.

It's used to figure out how a particular phenomenon's observed value differs from the predicted value.

It can also be employed to make comparison of the observed sample to the sample distribution that should have been expected. It determines how closely the theoretical distribution corresponds to the empirical distribution.

Using this as an additional example that has not been discussed:

Consider a firm that produces a card deck. According to the company, 25% of its cards were clubs, 60% were diamonds but not hearts, and 15% were spades.  We may collect a random sample of card decks and do a goodness of fit test to check if our sample distribution varied substantially from the company's reported distribution.

6 0
3 years ago
An investor buys 400 shares of stock in a fund when the net asset value is $19.62 and the offer price is $19.84. The investor se
Shtirlitz [24]
D.9,340 I hope this helps hopefully I did the math right
3 0
3 years ago
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You have a portfolio that is equally invested in Stock F with a beta of .91, Stock G with a beta of 1.33, and the risk-free asse
finlep [7]

Answer:

Portfolio beta =0.7467

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Portfolio beta = 0.7467

Hence, the beta of the portfolio 0.7467.

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3 years ago
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