Answer:
Stock W 3.64%
Stock X 14.00%
Stock Y 21.28%
Stock Z 1.56%
Explanation:
We calculate the horizon value for each one. This will provide us with their price and with that, we solve for dividends yield
Stock W - Horizon Value
3.50 x 1.10 3.85
----------------- = ----------- = 96.25
0.14 - 0.10 0.04
Dividend yield: 3.50 / 96.25 = 0.036363636 = 3.64%
Stock X: g= 0
3.5 / 0.14 = 25
3.5 / 25 = 0.14
Stock Y g = -0.06
3.50 x (1 - 0.06) / (0.14 - (-0.06)) = 16.45
Dividend yield 3.50 / 16.45 = 0,212765957 = 21.28%
Stock Z
![\left[\begin{array}{ccc}#&Dividends&Discounted\\&3.5&\\1&4.2&3.68\\2&5.04&3.88\\2&5.6448&217.17\\&TOTAL&224.73\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%23%26Dividends%26Discounted%5C%5C%263.5%26%5C%5C1%264.2%263.68%5C%5C2%265.04%263.88%5C%5C2%265.6448%26217.17%5C%5C%26TOTAL%26224.73%5C%5C%5Cend%7Barray%7D%5Cright%5D)
First we solve for the next two dividends:
next year 3.50 x (1 + 20%) = 4.2
second year 4.20 x (1 + 20%) = 5.04
Here we solve for the horizon value of the constant grow:
5.04 x 1.12 / (0.14 - 0.12) = 282.24
now, we solve for the Present value of each one and add them together.
Getting a value of $224.73
We now solve for dividend yield: 3.50 / 224.73 = 0,01557 = 1.56%
Investigating production variances and adjusting the production process is an example of controlling, which is one of the main activities of organizations.
<h3>What is controlling?</h3>
Controlling is a process that is responsible for guiding business management towards the proposed objectives, that is, control allows corrective actions to be taken when necessary.
<h3>Characteristics of controlling</h3>
- Help in the collection of information that helps optimize decision-making in the direction of the company.
- It allows to elaborate a planning, coordinate the tasks that the company must carry out and the mechanisms for the analysis and adjustment of the variables that influence the production process of the company.
Therefore, we can conclude that controlling allows adjusting the process to the goals that have been established and having access to and knowledge of the data.
Learn more about controlling here: brainly.com/question/24304293
The Differentiation strategy is used by the investment firm in standing out in the industry.
<h3>What is Michael Porter
strategy? </h3>
A strategy is defined by Porter as a competitive position that is deliberately chosen as a different set of activities to deliver a unique mix of value.
The Generic Strategies model of Michael Porter includes:
- Cost Leadership
- Differentiation
- Focus.
These strategy are important because they provide an options for organizations to gain competitive advantage.
In conclusion, the Differentiation strategy is used by the investment firm in standing out in the industry.
Read more about Porter strategy
<em>brainly.com/question/24843525</em>
Answer:
D.The yield-to-maturity is less than the coupon rate.
Explanation:
Whenever the yield to maturity is less than the bond's coupon rate, bond market value is greater than par value ( premium bond), these applies just as the question states that the premium bond pays $60 in interest annually in seven years and the bond was issued originally 3 years ago at par
in other cases when a bond's coupon rate is less than its yield to maturity, then the bond is selling at a discount and when a bond's coupon rate is equal to its yield to maturity. the bond is selling at par.
Answer:
The correct answer is d. c. structural unemployment.
Explanation:
Structural unemployment is due to the fact that the number of existing jobs is insufficient to give employment to everyone who wants a worker (active population).
When a union raises wages above the equilibrium level, it increases the supply of employment and reduces demand. This generates unemployment.
• Internal workers benefit from high salaries earned in negotiation collective
• External workers have difficulties in find a job or have to accept a job in a non-union company.