Answer:  Po = D1/Ke + g
                $34.75 = D1/0.104 + 0.039
    $34.75 -0.039 = D1/0.104
                 $34.711 = D1/0.104
                         D1  = 34.711 x 0.104
                         D1 = $3.61
Explanation: In this question. there is need to apply the formula for determining the current market price of a common stock. The current market price of a common stock is a function of next dividend capitalised at the appropriate cost of equity plus growth rate. in addition, we need to make the next dividend the subject of the formula.
 
        
             
        
        
        
Answer:
d. -$4,608
Explanation:
The computation of the total capital gain is shown below:
Total capital gains is 
= (End value - Beginning value) × 900 shares
= ($34.08 - $39.20) × 900 shares
= -$4,608
Hence, the  total capital gain on this investment is -$4,608
Therefore the option d is correct
And, the same is to be relevant 
 
        
             
        
        
        
To find the value of the inventory to the nearest cent: 
Estimated costs are: $18,750
Storage costs: 12%
Interest costs: 12%
Transportation costs: 5%
Let's add the costs up: 12% + 12% + 5% = 29%  
We are solving for the value of inventory so in this case we will make that X.
X = estimated costs/interest amounts 
X = $18,750/29% 
X = $18,750/0.29
X = $64,655.17
The value of the inventory is $64,655.17
To check your work you can take $64,655.17 and multiply it by 29%
= $18,750
        
             
        
        
        
Answer:
The required rate of return is 11.3%
Explanation:
Required rate of return(ke) =  x (1+g) /
 x (1+g) /  + g
 + g 
                                             = 1 x (1 + 0.06) / 20 + 0.06
                                             = 1 x 0.053 / 20 + 0.06
                                              = 0.113 
                                               = 11.3%