Answer:
7.6%
Explanation:
Calculation for What is the annualized forward premium or discount of the euro
Using this formula
Euro annualized forward premium or discount = [(F/S) - 1] x 360 days/90 days
Where,
F represent forward rate $1.07
S represent current spot rate $1.05
Let plug in the formula
Euro annualized forward premium or discount =[($1.07/$1.05) - 1] x 360 days/90 days
Euro annualized forward premium or discount =($1.019-1)×x 360 days/90 days
Euro annualized forward premium or discount =0.019×360 days/90 days
Euro annualized forward premium or discount =0.076×100
Euro annualized forward premium or discount = 7.6 %
Therefore the annualized forward premium or discount of the euro will be 7.6%
"It's a s<span>ystem of recording business transactions and
analyzing, verifying, and reporting the results"</span>
Answer:
The answer is $69.33
Explanation:
The formula to solve this is:
P = D1/r - g
P is the Curren price of the common stock
D1 is the future dividend payment
r is the rate of return
g is the growth rate
D1 is $2 x 1.04 = $2.08
r = 7% or 0.07
g= 4% or 0.04
2.08/0.07-0.04
2.08/0.03
=$69.33.
Therefore, the current share price of the common stock is $69.33
YOU NEED TO SHOW YOUR TALENT AND INTELLIGENCE IN A MORE HUMBLE WAY THAN OTHERS WILL DO