Answer:
10.03%
Explanation:
Using the dividend discount formula, find the cost of equity; r
whereby,
D1 = Next year's dividend = 5.29
P0 = Current price of the stock = 79.83
g = growth rate of dividends = 3.40% or 0.034 as a decimal
Next, plug in the numbers to the formula above;
As a percentage, r = 10.03%
Therefore, the company's cost of equity is 10.03%
Answer: Not necessarily
Explanation:
Consumer purchase decisions are dependent on multiple factors such as price, income and preference. It could be that the customer purchased the Kia because the price was less than that of the Honda and so she wanted to save and costs and bought the less expensive choice.
It could also mean that the Kia was all she could afford based on her income so she bought that. It could however also mean that the Kia is her preference as compared to the Honda so she chose that instead.
It is therefore not a foregone conclusion that she bought the Kia simply because she preferred it. More information would be needed to reach that conclusion definitively.
Answer:
Yes, I would recommend those sleeping 9 hours to consider sleeping 6 or 7 hours.
Explanation:
First of all, the sample of the study is very representative because the amount of observations is quite big: 1.1 million!. This means that the results of the study have a very low margin of error, and therefore, can be trusted.
Secondly, the calculations are simple, but correct. The easiest way to determine the mortality rate is to divide the number of people who died by the number of people who are still living, and who belong to the same sample.
