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Margaret [11]
3 years ago
15

Suppose your nominal income this year is 5 percent higher than last year. if the inflation rate for the period was 3 percent, th

en your real income was:
a. increased by 8 percent.
b. increased by 1.67 percent.
c. increased by 2 percent.
d. decreased by 0.6 percent. 1 points save answer
Business
1 answer:
Lisa [10]3 years ago
3 0
C. increased by 2 percent

5 - 3 = 2
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Answer:

B. False

Explanation:

People with high assertiveness respect themselves because they are very willing to defend their interests.  They can freely express their thoughts and feelings.  Since they are aware of their rights and others', they always work to resolve conflicts.  But cultures with low assertiveness tend to allow others to manipulate them while displaying low self-esteem.

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Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these de
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Explanation:

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<u>Private Spending</u>

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2 years ago
The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8
Soloha48 [4]

Answer:

The amount of the last annual dividend paid is <u>$4.3</u>.

Explanation:

Given:

The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8 percent annually.

Now, to find the amount of last annual dividend paid.

Let the amount of last annual dividend paid be l.

Price of per share (p) = \$42.

Rate of return (r) = 12.2\%.

Rate of dividend growth (g) = 1.8\%.

Now, to get the amount of last dividend paid we put formula:

p=\frac{l(1+g)}{r-g}

42=\frac{l(1+1.8\%)}{12.2\%-1.8\%}

42=\frac{l(1+0.018)}{0.122-0.018}

42=\frac{l\times 1.018}{0.104}

<em>Multiplying both sides by 0.104 we get:</em>

<em />4.368=1.018l<em />

<em>Dividing both sides by 1.018 we get:</em>

4.3=l

l=\$4.3.

Therefore, the amount of the last annual dividend paid is $4.3.

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