Answer: 5.15%
Explanation:
The Constant Dividend Growth Model is used to calculate the price of a stock given the next dividend that will be paid on it, its required return and its constant growth rate by the formula;
Price = 
$92.51 = 
9.084482 - 92.51g = 4.32
9.084482 - 4.32 = 92.51g
92.51g = 4.764482
g = 0.0515
g = 5.15%
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Answer:
The answer is B. income tax
Answer: excess demand, underestimate
Explanation:
P= 1200 - 2Q
300= 1200 - 2Q
2Q = 1200 -300
2Q = 900
Q = 900/2
Q = 450
Quantity demanded is 450 units
Quantity supplied Q - P = 300
Excess demand = 450 - 300 = 150
The policy will lead to excess demand of 150 per month.
P= 1200 - 2Q
P= 1200 - 2(300)
= 1200 - 600
= 600
Willing to pay price is $600.
Deadweight loss = 0.5 × (Price buyers are willing to pay - ceiling price) × (market quantity supplied - ceiling quantity supplied)
= 0.5(600-300)(400-300)
= 0.5(300)(100)
= 15000
Deadweight loss is $15000
The welfare loss underestimate the actual loss