Answer: $58.7
Explanation:
The price of one share of this stock today will be calculated thus:
Dividend of year 1= $5.39(1 + 0.05) = $5.66
Dividend of Year 2 = $5.39(1 + 0.05)² = $5.94
Dividend of Year 3 = $5.39(1 + 0.05)³ = $6.24
Dividend of Year 4 = $5.39(1 + 0.05)^4 = $6.55
We then calculate the value at year 4 which will be:
= $7.13 / 0.115 = $62
The price will then be:
Price = $5.66 / (1 + 0.115) + $5.94 / (1 + 0.115)² + $6.24/ (1 + 0.115)³ + $6.56 / (1 + 0.115)^4 + $62 / (1 + 0.115)^4
= $58.7
Complete Question:
Celeste is working with a Ford Motor Company, one of her clients to negotiate the use of Ford trucks in an upcoming country music video. This type of paid, nonpersonal communication is known as?
Group of answer choices
A. direct marketing.
B. personal selling.
C. advertising
D. public relations.
Answer:
C. Advertising.
Explanation:
In this scenario, Celeste is working with a Ford Motor Company, one of her clients to negotiate the use of Ford trucks in an upcoming country music video. This type of paid, non-personal communication is known as advertising.
Advertising can be defined as a marketing strategy, which involves paying for a space in order to promote or boost the acceptance of goods and services. This ultimately implies that, advertising is a marketing technique which is being used by service providers or manufacturers in attempt to convince or influence the buying behavior of various customers through the use of persuasive messages.
Which ability does the following ex represent? as financial planner, you advise people about where to invest their money. IM PRETTY SURE ITS SYSTEMATIC.
Answer:
(a) Trace the effect of this change through three banks- First National, Second Federal, and Third State.
Antonia deposits $2,000 in First National Bank.
Then First national Bank lends $1,600 to client X that uses the money to purchase something. The seller of that something deposits the money In Second Federal Bank.
Second Federal Bank then lends $1,280 to client Y that decides to use that money to pay his rent. Client Y's landlord then deposits the money in Third State Bank.
Third State Bank will then lend $1,024 to client Z...
(b) How much money will be generated in this banking system?
total money generated in the banking system = Antonia's deposit x money multiplier
money multiplier = 1 / required reserve rate = 1 / 0.2 = 5
so the total money generated = $2,000 x 5 = $10,000