Answer:
$3.62
Explanation:
Dividend Yield = 0.12/2
Dividend Yield = 0.06
==> (Dividend in One Year)/Current Price= .045
D1 = 0.06*$64
D1 = $3.84
D0 (Current Dividend) = D1/(1+Dividend Yield)
D0 (Current Dividend) = $3.84/(1.06)
D0 (Current Dividend) = 3.622641509433962
D0 (Current Dividend) = $3.62
<span>Basis of the given information for an economy in 2016.
Dollar value of resource extraction activity = $20 billion Dollar value of production activity = $50 billion
Dollar value of distribution activity = $80 billion Dollar value of final output = $110 billion
Gross output for this economy in 2016 equals $260 billion.</span>
A common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.
<h3>Why was the common market formed?</h3>
Through the removal of the majority of trade barriers and the development of a unified external trade strategy, the EEC was created with the goal of establishing a common market among its members. In order to shield EEC farmers against agricultural imports, the treaty also called for the creation of a unified agricultural policy, which was implemented in 1962.
A free trade zone with a reasonably unrestricted circulation of goods and services is referred to as a common market. When it was a regional organization from 1958 to 1993, the European Economic Community was known as the "Common Market."
In a customs union, all or almost all of a country's imports, exports, and transiting commodities are subject to the same set of processes, regulations, and tariffs. Customs union participants typically have similar trade and competition laws.
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