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dimulka [17.4K]
3 years ago
8

Between 1985 and x there was a period of no gains in the efficient of passenger vehicles (automobiles). Regulations required eff

iciency gains to reduce fuel consumption to reduce emissions and reduce reliance on imported crude oil.

Business
1 answer:
SVEN [57.7K]3 years ago
4 0

Answer:

2009

Explanation:

During the 1990s and early 2000s, the overall sale of more efficient cars decreased due to more strict fuel efficiency regulations on trucks and SUVs that actually increased the total number off trucks and SUVs sold, decreasing the average fuel efficiency by 1 mile per gallon.

It wasn't until President Obama passed stricter fuel efficiency regulations for all types of passenger vehicles that the overall efficiency increased.

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It announces that it plans to pay dividends of $1 per share exactly three years from now and $2 per share exactly four years fro
kkurt [141]

The Question is incomplete.

The complete question is as follows:

It announces that it plans to pay dividends of $1 per share exactly three years from now and $2 per share exactly four years from now. From year 5 onwards, dividends are expected to grow at a constant rate of 10% per year. The company pays no dividends in years one and two. The risk-free rate is 5%, the company's beta is 1.5 and the expected return on the market is 11%. Calculate the price of this stock today

Answer:

Price of stock =  $34.42

Explanation:

<em>The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.</em>

Required rate of return

Using the CAPM , the rate of return on equity can be determined as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 5%, Rm- 11%, β- 1.5

Ke = 5% + 1.5× (11-5)%

   = 14%

Present value of Dividends(PV)

Year                                                      PV

3                       $1.00, × (1.14^(-3) =   0.6749

4                        $2.00× 1.14^(-4) =  1.18416

<em>5 and beyond</em>

<em>This will be done in two (2) steps as follows:</em>

PV in year 4 = (2 × 1.10) /(0.14-0.1) = 55

PV in year 0 = 55× 1.14^(-4) = 32.56

Price of stock

=  0.6749  +  1.18416 + 32.56

=  $34.423

7 0
2 years ago
__________data, or the facts and figures that have already been collected about the Coffee Collective prior to the research at h
creativ13 [48]

Answer:

The correct answer is c) secondary

Explanation:

The term Secondary data refers to the information that has been collected by someone different than the user. For example, the information collected by government departments sometimes appears on the internet, if any user takes this information from the internet and uses it on any homework, project, business, etc... It is considered such as secondary data.

5 0
3 years ago
On Nov. 1, Eli Co. received a $6,000, 60-day, 6% note from a customer as payment on his $6,000 account. Eli’s journal entry to r
kirill115 [55]

Answer:credit accounts receivable for $6,000

Explanation: this is because Eli co received a payment into their account from a customer which is a credit to their account.

It would have been a debit if Eli co paid out or made an expenditure from their account.

5 0
3 years ago
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How long is the Amazon Prime free trial?
kompoz [17]
It is at a 30day free trail
4 0
3 years ago
Over the last three years, Christmas tree prices have increased from an average of $35 per tree to over $75 per tree. How would
Brilliant_brown [7]

The Christmas tree farm would respond by:

  • In the short run, producers are going to earn profits and also increase their supply of the product.

This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.

As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.

This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.

Read more on brainly.com/question/25083966?referrer=searchResults

5 0
2 years ago
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