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Maurinko [17]
3 years ago
8

Tops burger, a ________ based in amarillo, texas, has restaurants in 25 countries. multinational organization foreign firm congl

omerate multinational corporation foreign partner
Business
1 answer:
Sindrei [870]3 years ago
3 0
<span>multinational corporation Let's look at the available options and see what fits best. multinational organization * Technically, all companies are organizations, but generally this is reserved for organizations that aren't commercial enterprises. So this is not the correct answer. foreign firm conglomerate * This one fails on several fronts, but the most basic is conglomerate which implies multiple lines of business. We're just dealing with a restaurant chain. So this is the wrong answer. multinational corporation * This looks good. The company is obviously multinational since it has restaurants in 25 countries. And it is a company. Pretty clearly this is the right choice. foreign partner * A foreign partner is an other company that's based in a foreign country. For instance, some manufacturers may get parts from a foreign company to use in their own products. So there's a relationship between the local and foreign companies. But they're not owned and operated by the same overall group. So this is the wrong answer.</span>
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A7X Corp. just paid a dividend of $2.80 per share. The dividends are expected to grow at 20 percent for the next eight years and
kifflom [539]

Answer:

The price of the stock today=$560

Explanation:

We can use the expression for calculating the required rate of return to calculate the price of the stock today:

RRR=(EDP/SP)+DGR

where;

RRR=required rate of return

EDP=expected dividend payment

SP=share price

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In our case:

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EDP=$2.80 per share

SP=unknown

DGR=20% and 8%, the average DGR=(20+5)/2=12.5%=0.125

replacing in the original expression;

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2.8/SP=0.13-0.125

2.8/SP=0.005

SP=2.8/0.005

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