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kicyunya [14]
3 years ago
12

Your broker recommends that you purchase XYZ Inc. at $60. The stock pays a $2.40 dividend which (like its per share earnings) is

expected to grow annually at 6.5 percent. If you want to earn 11.5 percent on your funds, is this a good buy
Mathematics
1 answer:
Kazeer [188]3 years ago
7 0

Answer:

XYZ is NOT a good buy.

Step-by-step explanation:

Calculate the market price of stock:

\frac{Next year's Dividend}{Reqd.return -  Growth rate}

= \frac{(2.4)(1.065)}{0.115-0.065}

= 51.12

The Market price of the stock is $51. Therefore, buying the stock at $60 is overpriced and is NOT a good buy.

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What equation represents the proportional relationship displayed in the table?
KATRIN_1 [288]

Answer:

y=6x

Step-by-step explanation:

Given:

The table is given as:

x   0    4       7       8

y   0    24    42     48

The relationship between 'x' and 'y' is a proportional relationship.

A proportional relationship is one in which one variable varies directly with the other by a factor of 'k' also known as constant of proportionality and k\ne 0

A proportional relationship is given as:

y=kx

Now, we plug in 'x' and 'y' values and find the value of 'k'.

Let x=4\ and\ y=24

24=k\times 4\\\\k=\frac{24}{4}=6

Therefore, the constant of proportionality is 6. Hence the complete equation is given as:

y=6x

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3 years ago
When a number decreased by 10% the result in 63. What is the number?
Ugo [173]
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3 years ago
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rjkz [21]

Answer:

<em>Definition 1: The theory, methods, and practice of forming judgments about the parameters of a population and the reliability of statistical relationships, typically on the basis of random sampling.</em>

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Step-by-step explanation:

Hope this helps, have a good day. c;

4 0
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Answer:

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Step-by-step explanation:

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