Answer:
P₀ = $106.96
Explanation:
the current dividend paid by IBM was $6.30 per stock
Div₀ = $6.30
Div₁ = $6.615
Div₂ = $6.94575
Div₃ = $7.2930375
Div₄ = $7.657689375
Div₅ = $8.040573844
Div₆ = $8.321993928
we must first determine the terminal value at year 5 = Div₆ / (rrr - g) = $8.321993928 / (10% - 3.5%) = $128.0306758
now we must discount the future values using the 10% discount rate:
P₀ = $6.615/1.1 + $6.94575/1.1² + $7.2930375/1.1³ + $7.657689375/1.1⁴ + $8.040573844/1.1⁵ + $128.0306758/1.1⁵ = $6.013 + $5.740 + $5.479 + $5.230 + $4.993 + $79.50 = $106.96
The three key reasons startups require funding are attorney fees, capital investments, and marketing research.
<h3>What is a Start-up?</h3>
A startup is a company that is still in its initial stage of operation. The initial stages of operation require significant investment in attorney fees, Capital investment, and marketing research.
In most cases, a startup is created by one or more entrepreneurs who have a vision or a goal to solve a business problem.
Learn more about Start-ups at:
brainly.com/question/25881160
Complete question:
Assume that the Texas legislature is not in session and the economy has gone into recession. What must occur before legislators can act to reformulate policy
A. The legislature as a body must wait for the comptroller to decertify the budget.
B. The legislature must wait for a special session to be called.
C. The legislature must wait for economic conditions to deteriorate to a point where a constitutional provision allowing deficit spending kicks in.
D. The legislature must wait until the federal government increases monies for state governments.
Answer:
The legislature must wait for a special session to be called.
Explanation:
Once the Texas legislature passes a budget and the governor has acted, after 6 months does the budget go into effect.
The Texas legislature passed a law that requires that an agency take a specific action in order to solve a problem. At formulation stage of the policy making process did the passage of this law occur
A special session (also a exceptional session) in a parliamentary term is a time when the assembly meets outside the usual legislative session. Anyone holding a special meeting would be subject to different requirements, such as by a legislative vote in a normal session, the president, or the presiding officer of the legislature.
Answer:
D. Market maturity
Explanation:
Over the past several years, like other auto manufacturers, General Motors (GM) has introduced many new models of sport utility vehicles (SUVs) in all of its major divisions. This proliferation of SUVs and an increase in gasoline prices have caused sales to level off. In response, General Motors offered rebates of up to $5,000, or no-interest financing, on selected models of SUVs. The largest rebates went to current owners of GM vehicles, so that they would replace their current vehicles with a GM model instead of switching to another brand. The rebates have been heavily advertised on national television. Profit margins per vehicle have shrunk as a result of these costly promotions.
General Motors is currently operating in the Market maturity stage of production life cycle.
Answer:
Total widgets supplied in the market will be 4000
So option (d) will be correct answer
Explanation:
We have given total number of suppliers = 100
It is given that half of the suppliers supply 35 widgets
So 50 supplier supply 35 widgets each
So total number widgets supplied by 50 supplier = 50×35 = 1750
A quarter, that is 25 supplier supply 40 widgets
So widgets supplied by 25 supplier = 25×40 = 1000
And other quarter, that is 25 supplier supply 50 widgets each
So widgets supplied by 25 supplier = 25×50 = 1250
So total widgets supplied in the market will be = 1750+1000+1250 = 4000
So option (d) will be correct answer
