Answer:
$66.99
Explanation:
The computation of value of the stock is shown below:-
= Dividend in year 1 ÷ (1 + required rate of return) + 1 ÷ (1 + required rate of return) × ((Dividend in year 1 × (1 + growth rate) ÷ (required rate of return - growth rate))
= ($2.33 × 1.15) ÷ 1.06 + 1 ÷ 1.06 × (($2.33 × 1.15 × 1.02) ÷ (0.06 - 0.02))
= $2.6795 ÷ 1.06 + 1 ÷ 1.06 × ($2.73309 ÷ 0.04)
= $2.527830189 + 0.943396226 × $68.32725
= $2.527830189 + 64.45966981
= $66.9875
or $66.99
Therefore for computing the value of stock we simply applied the above formula.
So 20 percent of 35 is 7.
Look at it this way:
20%
20*5=100
35 divided by 5 is 7.
So the sale price we would take7 from 35 to get 28.00 which is your answer.
Ps don't do it the way i did because i already knew the answer,and the way i worked it out worked this one time but there are no gaurentees for the next.
You must be wondering why we subtracted that 7 from 35 and why 7 isn't the full answer. Well, 7 was the factor, basically every 20 percent you would subtract 7. So if it were 40% off it would be 14. Or 60 percent would be 21. You subtract that number from the original price to get the sale which in this case is 28.00
Your answer: 28.00
Hope this helped!:)
Answer:
Classical
Explanation
Classical view point in management is very essential because it brings about increase in productivity, it involves making use of scientific method as well as job specialization among the employee to achieve common goal of the organization.
It should be noted that Classical viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common
i hope this helps! good luck
Answer:
This statement is describing demand pull inflation.
Explanation:
If the aggregate demand increases the demand curve will shift rightwards. But if the increase in demand is higher than increase in supply this will lead to an increase in the price level. The output level will increase but constant increase in price will cause inflationary pressures. This is referred toa as demand-side inflation.