Answer:
The value of this stock today should be $6.22
Explanation:
The company will start paying dividends 2 years from today that is at t=2. The dividends received 2 years from today can be denoted as D2. The constant growth model of DDM will be used to calculate the price of this stock at t=2 as the growth rate in dividends is constant forever.
The price at t=2 will then be discounted back to its present value today to calculate the price of this stock today.
The price of this stock at t=2 will be,
P2 = D2 * (1+g) / (r - g)
P2 = 0.6 * (1+0.04) / (0.12 - 0.04)
P2 = $7.8
The value of this stock today should be,
P0 = 7.8 / (1+0.12)^2
P0 = $6.218 ROUNDED OFF TO $6.22
Answer:
Suppose Y is a random variable with mu Subscript Upper YμY = 0, and sigma Subscript Upper Y Superscript 2σ2Y = 1, skewness = 0, and kurtosis = 100.
n random variables drawn from this distribution might have some large outliers due to the reason that there might be some outliers because the kurtosis of the distribution equals 100..
Option A.
Explanation:
From the question, the rate of the description of the data given will not give rise to outliers in the random sample drawn from the population.
Therefore, there might be some outliers because the kurtosis of the distribution equals 100 - Option A.
Answer: 2. Once multicurrency has been activated, it cannot be deactivated
Explanation:
Quickbooks is an accounting software mostly for small to medium businesses.
One of the features they offer is the multicurrency setting which enables users to record transactions in a host of foreign currencies.
This feature however requires care to be used simply because once it is turned on, it cannot be deactivated. For this reason Quickbooks warns the user several times before they activate it.
Answer:
Note: The organized question is attached
<u>Description of each transaction</u>
1. Merchandise purchased on account as a cost of $39,200, which is $40,000 less 2% discount of $800
2. Paid fright charge of $450
3. An allowance or return of merchandise was granted by the seller, $4,900, which is an invoice amount of $5,000 less 2% discount of $100
4. The balance due of $34,300 ($39,200 - $4,900) was paid within the discount period
Answer:
a) November 21, 2013
Explanation:
The expected date of birth (EDB) would be calculated using Naegele's Rule and it is based on a normal 28 days menstrual cycle. The steps are as follows:
First, we need to identify the first day of the last menstrual period (LMP). Then we would count it back to three calendar months from that date. Finally, we would add 1 year and 7 days to that date.
In which case, the first day of LMP is February 14, 2013. Going back three months the date would be November 14, 2012. Finally, when we add 1 year and 7 days it would bring you to November 28, 2013, as the estimated due date.