Answer:
y=2
Step-by-step explanation:
Answer:
<h3><em>I gotchu</em></h3><h3><em /></h3><h3><em>These are all fractions btw. </em></h3>
<em />
11. -9/32
12. -3/5
13. 4/7
14. 3/8
15. 3/4
Step-by-step explanation: When you do these problems, it's fairly simple. just make sure you plug the numbers in the correct spots. having a calculator help a lot too!
Answer:
1.05 × 10^2
Step-by-step explanation:
Answer:
p = 16
Let me know if I'm wrong!
Answer:
<u>The current value of Vincent's Hotel common stock is US$ 12.95, that fulfills the requirement of an investor of 17% of rate of return annually.</u>
Step-by-step explanation:
1. Let's review the information given for answering correctly the question:
Currently common stock dividend = US$ 2.20
Annual growth of the dividend for the next 2 years = 3%
Annual growth of the dividend after the next 2 years = 0%
2. What is the current value of Vincent’s Hotel common stock to an investor requiring 17% rate of return?
17% = 0.17
Current value of Vincent's Hotel common stock = 2.20/0.17
<u>Current value of Vincent's Hotel common stock = US$ 12.95</u>
