Answer:
The stock price 5 years from now will be 44.46
Explanation:
The stock price will increase like compound interest at the same rate as the dividends.
Stock 35.25
time 5
dividend grow rate 0.0475
Amount 44.45588696
The stock price 5 years from now will be 44.46
<u>Reasoning:</u>
In five years, if we calcualte the gordon dividend growth model:
and year 5 dividends would be:
we can arrange the formula like this:
The first part is the current stock price so our formula is confirmed.
Answer:
€1.54/$1.00
Explanation:
When the bond sells at par, the implicit €/$ exchange rate pays €651.25 at maturity per €1000
651.25/1000= 1/x
Cross multiply
651.25x = 1000
x= 1000/651.25
x= 1.54
Hence the implicit exchange rate is €1.54/$1.00
Answer: innovator
Explanation:
From the question, we are informed that whenever Andrew considers upgrading his personal computer system, he normally consults with Jeremy, a knowledgeable friend who always has the newest technology.
Regarding the question, Jeremy is an innovator. An innovator is someone who has embraced new ideas and is always trying out new gadgets and technology.
Personal computers
Sentence:
Examples of services are personal computers.
Answer:
C. greater perceived value.
Explanation:
.................
