The stock is now trading at $52.16 per share.
The current value of an annuity of n regular payments of P at r% with yearly payments is provided by:
PV = P × (1 -(
÷r))
Estes Park Corp. distributes a fixed rate of a dividend of P = $7.80 per share on its shares. The corporation will retain this dividend for the following n = 13 years before ceasing dividend payments permanently. If the necessary returns on this stock are not metis r = 11.2% = 0.112.
The actual share price is calculated as follows:
Current share price = $7.80 × (1 -(
÷0.112))
$7.80 × ((1 - 0.251) ÷ 0.112)
$52.16
Therefore, the current share price is $52.16
Read more about the stock price at
brainly.com/question/15327515?referrer=searchResults
#SPJ4
Answer:
if they do not pay their taxes government ceil their properties..
Answer:
Explanation:
When ABC company filed its Articles of Incorporation with the State of California and All of their correspondence and contracts list ABC as ABC Inc. They are already tagged as a corporation with limited liability.
Now; when there is a breach of contract and they are being sued by XYZ Inc. From the knowledge that XYZ file the lawsuit case against ABC, the ABC company will then be treated as a partnership acquainted with unlimited liability instead of a corporation with limited liability they are being known for since they already had a notice from the State of California that their Articles of Incorporation have been rejected.
Answer:
(a) The federal fund rate is the rate at which banks borrows funds from the other banks. So, the federal fund rate in this situation is 0.25%. This is normally applicable for the creditworthy organizations. It is set by the federal open market control. Open market operations is used by the federal bank to control the money supply in an economy and to set the federal fund rate.
(b) The discount is the rate at which banks borrows form the federal reserves account. In the current scenario, the discount rate is 1.15%. It is generally higher than the federal funds rate.
Answer:
b. <u>job centered</u>
Explanation:
Leadership refers to a process of influencing the behavior of subordinates towards desired action or performance, which leads to accomplishment of group goals and which is in alignment with organizational goals.
Job centered leaders represent those leaders who minutely supervise the performance of the subordinates with their focus upon employee efficiency w.r.t perfromance of tasks. Such leaders emphasize upon productivity and rely upon rewards and punishments to influence subordinate behavior.
Such leaders follow task and outcome oriented approach and operate within the organizational rules and try and impose compliance to organizational goals and are somewhat rigid.
In the given case, Harold pays close attention to employee productivity and their efficient discharge of tasks and duties. The scenario depicts Harold as a job centered leader.
