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docker41 [41]
3 years ago
8

Walter Utilities is a dividend-paying company and is expected to pay an annual dividend of $2.05 at the end of the year. Its div

idend is expected to grow at a constant rate of 6.50% per year. If Walter’s stock currently trades for $28.00 per share, what is the expected rate of return?
Business
1 answer:
Sonja [21]3 years ago
4 0

Answer:

The expected rate of return is 14.29%.

Explanation:

The re-arranged equation of DDM for Expected Rate of Return is given below:

Expected Rate = (Next Year Dividend / Current Stock Price) + Growth Rate

where

Next Year Dividend is Current Year Dividend * (1 + growth rate)

⇒ Next Year Dividend = 2.05 * (1 + 6.50%) = $2.18.

All the other values are given in the question. Simply put those values in the equation:

⇒ Expected Rate of Return = (2.18 /28) + .065 = .1429 = 14.29%.

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Bess wrote four checks last month, and these were the only transactions for her checking account. According to her check registe
Rzqust [24]
It looks tricky but its actually simple. Bank statement shows balance is $1054.13 while Bess check register shows $869.96. For us to know the amount of the check that was not approved is to get the difference of the bank statement and Bess check register. $1054.13 minus 869.96 is $184.17. Therefore, the answer is letter B.
5 0
4 years ago
What advantages can Kim Ping expect if she decides to export her ducks to Morocco? Check all that apply.
erma4kov [3.2K]

Complete Question:

What advantages can Kim Ping expect if she decides to export her ducks to Morocco? Check all that apply.

- Foreign importers will pay manufacturing costs, allowing Kim Ping to offer her ducks at a more competitive price.

- Kim Prin will have better control over how her products are made than she will have with other forms of globalization.

-The market for Kim Ping's toys will expand, making it less dependent on her home market.

- Kim Ping's ducks will cost less because of reduced tariffs, making her more competitive.

Answer:

-The market for Kim Ping's toys will expand, making it less dependent on her home market.

Explanation:

Kim Ping's globalization efforts will help it to enjoy expanded markets.  Expansion into foreign markets makes firms less dependent on their home markets.  They can produce more goods at less costs because of the advantage of large scale production that becomes possible with expanded markets.  As Kim Ping expands into the global market it becomes more efficient because it reviews its production systems to suit the global market.  The expansion of Kim Ping into Morocco will also benefit the local market as consumers have expanded choices.

6 0
3 years ago
Which is not a responsibility of a human resources manager? Choose the answer.
Ivanshal [37]

Answer:

maintaining company employee contact information

8 0
2 years ago
Casa Del Sol Property Development Company is refurbishing a 200-unit condominium complex at a cost of $1,875,000. It expects tha
antiseptic1488 [7]

Answer:

12.34%

Explanation:

initial outlay = -$1,875,000

NCF year 1 = $415,350

NCF year 2 = $415,350

NCF year 3 = $415,350

NCF year 4 = $415,350

NCF year 5 = $415,350

NCF year 6 = $415,350

NCF year 7 = $415,350

using a financial calculator or an excel spreadsheet, IRR = 12.3.4%

the internal rate of return is the discount rate at which a project's NPV = 0

7 0
3 years ago
Which of the following are examples of hidden unemployment? Select the two correct answers below. Select all that apply: John is
mihalych1998 [28]

Answer:  

  • Lisa cannot find the job she wants so she has stopped looking.
  • Penny has a college degree in nursing, but currently has to work as a store clerk as it is the only available job in her small town.

Explanation:

Hidden Unemployment also known as Disguised Unemployment in simple terms refers to the following people; people who are not working and have given up on looking for work because they could not find any, people who have the skillset and determination to work full-time working only part time and people who are underemployed meaning that they are working a job that they are overqualified for.

Hidden Unemployment is considered hidden as it is not reflected in employment statistics.

Lisa could not find a job so she stopped looking. This is Hidden Unemployment and official figures will not even count her as unemployed because you need to be actively looking for work to be classified unemployed.

Penny is overqualified for the store clerk position she holds or rather she is qualified for a different profession. Employment statistics will however show her as employed.

6 0
3 years ago
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