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luda_lava [24]
3 years ago
11

Weisbro and Sons common stock sells for $34 a share and pays an annual dividend that increases by 3 percent annually. The market

rate of return on this stock is 10.7 percent. What is the amount of the last dividend paid by Weisbro and Sons
Business
1 answer:
Mila [183]3 years ago
5 0

Answer:

Dividends per share are 2.6 dollars.

Explanation:

According to the Gordon growth formula, which states that the price of the stock is calculated as dividends/rate of return - growth rate of dividends, dividends are calculated as price * (rate of return - growth rate of dividends). In this case 34* 7.7% or 2.6 dollars per share. This model can be used as its assumption about constant growth rate of dividends is fulfilled.

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Discount-Mart issues $10 million in bonds on January 1, 2018. The bonds have a ten-year term and pay interest semiannually on Ju
Ostrovityanka [42]

Answer:

6%

Explanation:

Given the following :

Amount of bond issued = $10,000,000

Cash paid = $300,000

Term of bond = 10years

Semiannual interest pay

The stated annual rate of interest on the bond can be calculated thus :

Rate of interest ;

Cash paid / Amount of bond issued

$300,000 / $10,000,000

= 0.03

0.03 * 100%

= 3% (semiannual interest)

Therefore, annual rate of interest :

Semiannual rate * 2

3% * 2 = 6%

4 0
3 years ago
If you are a jury member, which of these are topics you might discuss with the other jurors during trial? (Select all that
xeze [42]

Answer:

Information you know from listening to testimony of the case.

Opinions you have from talking to other jurors during the trial.

Opinions you have from seeing evidence during the trial.

Explanation:

A jury member or a juror is a member of a society who is selected to form a body of people who are sworn to act as interpreters of a court case. The jury body consists of 12 citizens selected by the court to act as an extra hand in solving a case, while at the same time, looking through evidence and statements given by the people involved in the case.

A jury member is not allowed to go home or talk about the case until it gets resolved. Their main job is to talk within themselves about the case, <u>provide information from the testimony of the case</u>, and <u>share opinions with each other</u>. They can also <u>discuss their opinions after seeing the evidence presented in court</u>. Such topics are allowed to be discussed within themselves so as to act as a 'judging' body in the case.

7 0
3 years ago
Which is the best strategy for improving an essay that contains too many short sentences?
Airida [17]
By using words like "and, but, and or" you can connect two sentences or thoughts.
8 0
3 years ago
What is the term for media for broad popular audiences—including newspapers, radio, and television?.
astra-53 [7]

Answer:

Mass media

Example

Mass media is actually the primary means of communication for the general public to communicate with each other as well as on a grander level. The most popular types of mass media include Newspapers, Radio, Television, Internet, Magazines.

8 0
2 years ago
Pelican Inc., a multinational oil corporation headquartered in Denmark, conducts its operations in various nations by establishi
Ivanshal [37]

Answer:

The correct answer is letter "B": franchising.

Explanation:

A Franchise is a business where one person, the <em>franchisee</em>, gains access to the proprietary knowledge, processes, and trademarks of a <em>franchisor</em>. In return for a royalty, the franchisee acquires the right to market a product or service under an existing brand name.

The customer is already familiar with the brand, so there is no need to invest additional resources to promote the product.

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3 years ago
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