Answer:
18.84%
Explanation:
the flotation adjusted cost of new common stock = [expected dividend / (net proceeds from stock issuance)] + expected growth rate
- expected dividend = $2.03
- net proceeds from stock issuance = $22.35 x (1 - flotation costs) = $22.35 x 0.9625 = $21.5119
- expected growth rate = 9.4%
the flotation adjusted cost of new common stock = [$2.03 / $21.5119] + 9.4% = 9.44% + 9.4% = 18.84%
Answer:
What to produce?
Explanation:
A society has to make choices in order to meet the diverse needs of its members. The resources available in all economies are insufficient to meet all needs. Because of this scarcity, a society has to make informed decisions on what to produce at any given.
Societies make choices on what to produce with the available resource. In every decision, there is a sacrifice to be made.
Answer: Price discrimination.
Explanation:
Price discrimination occurs when a seller sales the same product for different prices to different buyers, in one case the price is less and in another case the price is higher when there is no need for a change in selling price. An example of price discrimination is when a car dealer sells a car at a cheaper price to his friend than he sold the same model of car to another buyer.
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