Answer:
$13
Explanation:
The current value of the stock can be determined using the constant growth dividend model
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
(1 x 1.04) / (0.12 - 0.04) = 13
Answer:
Small time deposits, money market mutual funds, currency, checkable deposits, savings deposits.
Explanation:

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C relative price » sub effect & income effect
The answer business. This is made up of association of
people where they share a common purpose or interest in having to focus the
talents that they have and to be able to organize these skills and offer this
for their own benefit.