I don't really understand your question but it is bad to pay only the minimum towards your credit card, interest rates will keep adding to your bill.
When new firms have an incentive to enter a competitive market, their entry will BRING DOWN PROFITS OF EXISTING FIRMS IN THE MARKET.
This is because, those customers who are patronizing the existing firms before will start patronizing the new firms.
Answer:
True
Explanation:
A flat economy is also known as a staggering economy. At stagnation, the economy is not growing; neither is it receding. When the economy is flat, the economic indicators are constant.
If the growth is minimal, it is also considered flat. For example, a growth rate of less than 2 percent per year is low. If the economy experiences a consistent low growth rate for a prolonged period, it becomes flat.
Answer:
Price of stock = $53.73
Explanation:
<em>The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return. </em>
The model is given as
P = D×(1+g)/(r-g)
P- price, D- dividend payable now , r -cost of equity, g - growth rate in dividend
DATA:
P= ?
D- 3.20
g- 4.1%
r-10.3%
Price of stock = 3.20× 1.041/(0.103-0.041) = 53.73
Price of stock = $53.73
Answer:
$200 per month for 4 years is the correct answer.
Explanation:
