Answer:
a) Price of stock = $42
b) Price of stock = $60
Explanation:
<em>The price of a share can be calculated using the dividend valuation model </em>
<em>According to this model the value of share is equal to the sum of the present values of its future cash dividends discounted at the required rate of return.
</em>
<em>If dividend is expected to grow at a given rate , the value of a share is calculated using the formula below:
</em>
Price=Do (1+g)/(k-g)
Where Do- Dividend now, g- growth rate, k- required rate of return(cost of equity)
<em>a) Where discount rate is 15%</em>
Price of stock = 4× (1.05)/(0.15-0.05) = 42
Price of stock = $42
<em>b) Where discount rate is 12%</em>
Price of stock =4× (1.05)/(0.12-0.05)= 60
Price of stock = $60
Answer:
c. A progressive tax on income.
Explanation:
Suppose fairness is defined as those with the highest incomes can afford to pay a greater proportion of their income in taxes. Then the following taxation systems would be consistent with this notion of fairness is a progressive tax on income.
A progressive tax is a taxing system in which the tax rate increases as the taxable amount increases.
"Progressive" as a terminology refers to the way the tax rate progresses from low to high, as income level increases.
Answer:
(C) In mice, macrophages play a role in the production of nitrates or inhibit a process by which nitrates are broken down or otherwise eliminated.
The correct answer to this open question is the following.
How a society's culture affects the values found in the workplace is considerably important to an international business with operations in different countries.
Answer:
Society has a series of elements that identify it due to its culture, beliefs, and traditions. These elements are part of the workplace in that employees and employers have a way to relate to each other in different moments, according to the culture and philosophy of the company.
So when a multinational company starts operations in another country, it has to be very aware of the culture, belief systems, and traditions of the people in that new country.
This is of the utmost importance to avoid misunderstandings. There has to be a kind of fusion of cultures to create a new one that serves the goals of the company, understanding ad respecting the local culture.
Without this understanding, the company is prone to have a bad mood, opposition, and negative attitudes from employees.
Answer:
$1,045,517.95
Explanation:
Data provided in the question:
Semiannual payments = $193,000
Number of semiannual payments, n = 6
Annual interest rate, i = 6% = 0.06
when compounded semiannually = 6% ÷ 2 = 3% = 0.03
Now,
Single Payment = Semiannual payments × PVAF
here,
PVAF = [ 1 - (1 + i )⁻ⁿ ] ÷ i
or
PVAF = [ 1 - (1 + 0.03 )⁻⁶ ] ÷ 0.03
or
PVAF = 5.4172
Therefore,
Single Payment = $193,000 × 5.4172
= $1,045,517.95
