Answer:
d.) 14.66%
Explanation:
The computation of the return required by shareholders is shown below:
Current share price = Next year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend would be
= $4.10 + $4.10 × 0.04
= $4.10 + 0.164
= $4.264
So, the return required by shareholders
$40 = $4.264 ÷ (Required rate of return - 4%)
After solving this equation,
The required rate of return is 14.66%
Some of the key environmental variables are market fluctuations, changes in government policy, inflation, and technology and economical factors. The impact of these changes on the HRM function may either be positive or negative depending on the type of changes.
The HRM function cannot perform its duty in a vacuum. There are a number of environmental factors that affect HRM. The factors that are of primary importance that affect working are economic conditions, labor markets, laws and regulations, and labor unions. Other factors may be the political changes and the environmental changes that take place.
The environmental variables can be broadly divided into technological, cultural, political, social, and legal factors. While these external factors' influences are often outside the HRM's control the HRM is required to address their effect on the organization and its goals. Some of the other factors can be ethical and global factors.
Learn more about key environmental variables here:
brainly.com/question/24336098
#SPJ4
Answer:
Explicit consent.
Explanation:
Explicit consent then means that the data subject must give an express statement of consent, for instance in a written statement.
Answer: After-tax cost of debt is 7.8%.
Explanation:
Given that,
coupon = 10% (outstanding bonds)
yield to maturity (YTM) = 12%
marginal tax rate = 35%
The after-tax cost of debt:
After-tax cost of debt = YTM (1 - Tax rate)
= 12% (1 - 0.35)
= 0.12 (0.65)
= 0.078
= 7.8%
YTM is used in the after-tax calculation because it represents the true pre-tax cost of debt to the issuer.
Therefore, the after-tax cost of debt is 7.8%
