Answer:
$7.60
Explanation:
Find PV dividend per year at 14% discount rate;
0.30 / 1.14 = 0.2632
0.50 / 1.14² = 0.3847
0.75 / 1.14³ = 0.5062
1 / (1.14^4) = 0.5921
1.20 / (1.14^5) = 0.6232
Find the PV of the terminal cashflow;
Next, sum up the PVs to find the price of the stock today;
Price = 0.2632 + 0.3847 + 0.5062 + 0.5921 + 0.6232 + 5.2308
= $7.60
C i belive im pretty sure sure.
Answer:510 students
Explanation: given that total student is 850
And Of every 10 student 6 will have to sit for a refresher math course
Hence the number that will need a refresher math course will be (850/10)*6= 510
Or better still to better understand this let's use the crossing multiplication method
of 10 student 6must do a refresher math then
Of 850 students x must do a refresher math
Cross multiplying we have
X=(850*6)/10=510 students
Answer:
The most suitable answers are,
A) The government promotes competition between businesses.
B) The government owns or partially owns some businesses.
Explanation:
In a mixed market economy, bother government and the private sector plays an important role in the economy. Moreover, government tends to regulate the economy and it's activities to ensure a smooth flow.
In addition, both state owned and privately owned corporations present as well.
