Answer:
$47.58
Explanation:
The computation of the stock price is shown below:
Provided that
Next year dividend = $2.95
Growth rate = 4.4%
Required rate of return is 10.6%
So, the stock price is
= Next year dividend ÷ (Required rate of return - growth rate)
= $2.95 ÷ (10.60% - 4.4%)
= $2.95 ÷ 6.2%
= $47.58
This is the answer but the same is not mentioned in the given options
Hope they help you take care
Market because it promotes competition which in return lowers prices and increases quality
Answer: Both parties are dependent on raising huge sums of money to fund their House campaigns.
Explanation:
Campaigning for office is no cheap endeavour as many politicians have seen and noted. Money needs to be spent on everything from renting venues to buying stationary and so the politicians turn to donors to help.
Regardless of party affiliation, this is the reality for political campaigns which is why both parties rely on huge sums of money to fund campaigns like for the U.S. House of Reps. This is confirmed by the graph described above that shows the hundreds of millions of dollars being used to campaign for the House.
Answer:
Free-rein Leadership
Explanation:
Free-rein leadership popularly known as Laissez-Faire is the process where leaders gives members the freedom to make decisions. In situations like this, a larger goal or objective is set and members are given the free role to make appropriate decisions needed is completing set goal or objective. In this case, managers of various departments at Schwinn are given total freedom by their overall boss to operate their various departments the best way they see fit.