Answer:
The current share price is $71.05
Explanation:
P3 = D3(1 + g)/(R – g)
= D0[(1 + g1)^3](1 + g2)/(R – g)
= [$1.45*(1.20)^3(1.08)]/(0.11 – 0.08)
= $90.20
The price of the stock today is the PV of the first three dividends, plus the PV of the Year 3 stock price given by:
P0 = $1.45(1.20)/1.11 + $1.45[(1.20)^2]/1.112 + $1.45[(1.20)^3]/1.113 + $90.20/1.113
= 1.568 + 1.695 + 1.832 + 65.958
= $71.05
Therefore, The current share price is $71.05
Answer:
The PV of costs is ($25,192.61) and the equivalent annual annuity is ($7,947.53).
Explanation:
PV Formula = $20,000 + OC 1 / (1 + interest rate) ∧1 + OC 2 / (1 + interest rate)∧ 2 + OC 3 / (1 + interest rate)∧ 3 + OC 4 / (1 + interest rate)∧ 4
where:
PV = Present Value
OP = Opertaiing Cost
PV = $20,000 + 1500/1.1∧1 + 1600/1.1∧2 + 1700/1.1∧3+ 1800/1.1∧2+ 1800/1.1∧4
PV = $20,000 + 1,363.63 + 1,322.31 + 1,277.23 + 1,229.42
PV = $25,192.61
Equivalent Annual Annuity = r (NPV)/1-(1+r)∧-n
EAA = 0.1 X $25,192.61/0.31699
EAA = $7,947.53
Yes. That game used to be the best
The answer would be B because demand would increase, therefore if there are more consumers there will be less product as people keep buying (therefore p decreases)
I believe the answer is: Sociability
Sociability refers to how good a person skills in interacting/communicating with other people. In business environment, sociability is seen as a massive asset since it could improve your work efficiency with your team along with increasing your chance of obtaining a good business opportunities through networking.