<span>B. Debit Card is the payment type that is best if you are trying to stick to a budget because it deducts money directly from a consumer’s checking account to pay for a purchase. Unlike credit cards, they do not allow the user to go into debt.</span>
False is the correct answer
Answer:
I think it's #4 participating in a bank run, because loaning money u give money away but they still have to give that money back by paying the loan little by little.
Explanation:
Answer:
2.43 %
Explanation :
Real Interest rate = (1 + nominal rate) / (1 + inflation rate) - 1
therefore,
Real Interest rate = 1.052 / 1.027 - 1
= 2.43 %
the approximate real rate of interest is 2.43 %
Answer:
g = 0.05229 or 5.229% rounded off to 5.23%
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
- D1 is dividend in year 1 or the next dividend
- r is the required rate of return
Plugging in the available values for P0, D1 and r, we can calculate the value of g.
82 = 4.65 / (0.109 - g)
82 * (0.109 - g) = 4.65
8.938 - 82g = 4.65
8.938 - 4.65 = 82g
4.288 = 82g
g = 4.288 / 82
g = 0.05229 or 5.229% rounded off to 5.23%
