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University of Arkansas FINN FINN 005 iv) Vicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacturer. She finds that the firm's most...
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iv) Vicky Robb is considering purchasing the common stock of Hawaii
Industries, a rapidly growing boat manufacturer. She finds that the firm's most recent (2020) annual dividend payment was $2.50 per share. Vicky estimates that these dividends will increase at a 20% annual rate, g1, over the next 3 years (2021, 2022, and 2023) because of the introduction of a hot new boat. At the end of the 3 years (the end of 2023), she expects the firm's mature product line to result in a slowing of the dividend growth rate to 8% per year, g2, for the foreseeable future. Vicky's required return, rs, is 15%.
Required: What is the current (end-of-2020) value of Hawaii's common stock, P0 = P2020.
Answer:
What makes the sentence a compound sentence is that it has at least two independent clauses and no dependent clause.
Explanation:
Where two or more independent clauses are contained in a sentence, it is known as a compound sentence. It also includes the use of a comma, semicolon and coordinating conjunctions like "and", "for", but, "nor', "yet", "so".
other examples of a compound sentence are, "I called Mary but she didn't answer her phone", "I winked at her and she smiled back at me", 'the light went off so I turned on the lamp".
The literary device presented in Ophelia's song is "<em>simile</em>".
Simile is a figure of speech that compares to things with no necessity of a huge explanation. This happens when you compare two things.
In Shakespeare's masterpiece, Ophelia's song was considered to be very revealing because at that time, the way she spoke or what she said throughout the song was socially unacceptable due to the fact that she was an unmarried women and talking so openly was an issue.
Answer:
He is forced to dig the bullets out of the dinosaurs after he dropped it.