Duress is a possible ground for rescission of a contract. a. true b. fals

Suppose Potter Ltd. just issued a dividend of $2.50 per share on its common stock. The company paid dividends of $2.00, $2.07, $

Bogdan [553]

Answer:

Explanation:

Using dividend growth model formula for finding dividend per year can be used to find the growth rate per year;

The formula would be D1 = D0(1+g)

and D2 = D1(1+g)

D3 = D2 (1+g) and so on....

Starting with 2.00 dividend, growth rate from yr1-yr2;

2.07 = 2.00*(1+g)

Divide both sides by 2.00;

1+g = 2.07/ 2.00

1+g = 1.035

g = 1.035-1

g ( y1-y2) = 0.035 or 3.5%

Growth rate from yr2-yr3;

2.24 = 2.07(1+g)

Divide both sides by 2.07;

2.24/2.07 = 1+g

1.0821 = 1+g

1.0821-1 = g

g= 0.0821 or 8.21%

Therefore, g(y2-y3) = 8.21%

Growth rate from yr3-yr4;

2.34 = 2.24(1+g)

Divide both sides by 2.24;

2.34/2.24 = 1+g

1.0446 = 1+g

1.0446 -1 =g

g =0.0446 or 4.46%

Therefore, g(y3-y4) = 4.46%

Growth rate from yr4-yr5;

2.50 = 2.34(1+g)

2.50/2.34 = 1+g

1.0684 = 1+g

1.0684-1 = g

g=0.0684 or 6.84%

Therefore, g(y4-y5) = 6.84%

8 0

3 years ago

Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at

babunello [35]

Answer:

$9,379

Explanation:

using the 2020 tax brackets:

the Comer's gross income = $68,000 + $33,000 + $1,500 = $102,500

taxable income = $102,500 - $24,800 (standard deduction for married couples) = $77,700

taxes owed = $1,975 + [12% x ($77,700 - $19,750)] = $8,929

capital gains = $13,000 - $10,000 = $3,000 x 15% capital gains tax rate = $450

total tax liability = $8,929 + $450 = $9,379

8 0

3 years ago

"Global Marketing refers to: Group of answer choices The evolution of Marketing as being more than the offering of a product. Th

geniusboy [140]

Answer:

Global Marketing refers to the processes by which goods,services,capital,people,information,and ideas flow across national borders.

Explanation:

We operate in a world called global village,where time and location do not really impact doing businesses anymore, as people from different countries that are far apart, can do business without the need to physically meet, using different channels of communication made possible by advancement in technology.

Organizations,as the need to for businesses to sell its produce to a larger number of customers increases, are constantly considering selling to customers who are based in other countries through global marketing techniques.

5 0

3 years ago

Because this market is a monopolistically competitive market, the firm's average cost in long-run equilibrium is the long-run av

Tems11 [23]

Answer:

The correct answer is "Higher than, Lower than and Excess production theory".

Explanation:

Under Monopolistic Competition:

Average cost = 70

Production level = 50

Under perfect competition:

Average cost = 65

Production level = 70

Excess capacities are a circumstance where an economic performance would be less than the commodity that somehow a company might offer to that same marketplace.
Throughout terms of long-lasting balances, the commodity demand of such a monopolistic competition corporation is lesser than that of a complete business entity.

7 0

3 years ago

Bond prices and yields Assume that the Financial Management Corporation's $1 comma 000-par-value bond has a 7.800 % coupon,

Neporo4naja [7]

Answer:

(a) Dollar price of the bond = Par value × Current price percentage

= $1,000 × 106.124%

= $1,061.24

(b) Bond's current yield:

Annual interest paid in dollars = Bond par value × Rate of interest

= $1,000 × 7.8%

= $78

$Current\ yield = \frac{Interest}{Bond\ value}$

$Current\ yield = \frac{78}{1,061.24}$

= 0.0734

= 7.34%

(c) Issue price of bond is $1,000 and current maturity price is $1,061.24. Thus, bond price is greater than the par value.

(d) Current yield is the return on bond at current price. Yield to maturity is 6.588 % and current yield is 7.34%. Since the current price is more than the par value, therefore, YTM is lower than the current yield.

3 0

3 years ago

Duress is a possible ground for rescission of a contract.​ a. true b. fals

Duress is a possible ground for rescission of a contract. a. true b. fals