Answer:
Krell's dividend yield and equity cost of capital are 4.23% and 19.95%
Explanation:
Dividend yield = expected dividend/price today
= $ 0.89/$ 21.05
= 4.23%
Equity cost of capital = (Ending share price - Initial price + Dividend per share) / Initial price * 100
= [($24.36 - $21.05 + 0.89)/$21.05]*100
= 19.95%
Therefore, Krell's dividend yield and equity cost of capital are 4.23% and 19.95%
Answer:
Managing your money behavior
Explanation:
Personal finance is the management of individual financial activities of generating income and expenditure. It involves the process of setting personal financial goals and making plans on how to achieve them. Personal finance entails developing personal budgets, savings and investment plans to achieve short term and long term financial goals.
Individuals may need to hire personal finance managers to help them manage their finances. The role of the personal-finance manager is to advise and help in the making and implementation of financial goals. Personal finance involves managing money behavior to achieve the desired results.
Answer:
It will take 14.2 months before Helen pays off the card.
Explanation:
PV Ordinary Annuity = C*[(1-(1+i/100)^(-n))/(i/100)]
C = Cash flow per period
i = interest rate
n = number of payments
250= 20*((1-(1+ 21/1200)^(-n*12))/(21/1200))
n(in years) = 1.19
Months = years*12 = 1.19*12 = 14.2 months
The answer is B if that is the correct one
