Answer:
$14.48
Explanation:
P0 = $.90 / 1.16 + $18.44 / 1.16^2 = $14.48
One share of this stock worth today if the required rate of return is 16 percent is $14.48
Answer: Choosing one particular action for a situation
randomly
Explanation: A pure strategy is used to define the actions of the user in the particular situation. In such case, the user choose one alternatively from two or more and do not mix them.
Whereas, in a mixed strategy the user chooses its action from a number of alternatives in a random manner and not on the basis of any predetermined criteria as in the case of pure strategy.
Answer:
$41,000
Explanation:
Gross income an individual or individuals is the total amount of income that he or they receive from his or their employer(s) before taxes are deducted and other allowable deductions are made.
The gross income is an aggregation of all income from all sources whether the income is received in cash or in kind. That is, part of the income to consider when calculating gross income are income received in kind like property or services received.
From the question, the gross income of Hermano and Rosetta can be calculated by adding all the income they received from all sources before tax are deducted as follows:
Gross Income = Social Security benefits + Interest on savings account + Taxable pension payment
Gross Income = $10,000 + $3,000 + $28,000
= $41,000.
Therefore, the gross income of Hermano and Rosetta is $41,000.
Answer:
A. PPO insurance plans offer a wider choice of primary care doctors and specialists.
Explanation:
Answer:
6 years
Explanation:
The rule of 72 would be used to determine the number of years it would take GDP per capita to double
Rule of 72 = 72 / GDP per capita growth rate
72 / 12 = 6 years
I hope my answer helps you