Answer:
The selling group member earns $12 on that sale
Explanation:
When selling a bond directly to the public, a group member earns a total takedown which is the total of the additional takedown plus the selling concession.
$12 + $15
= $27
Now if a selling group member finds a customer, then $15 which is the selling concession is given up leaving the member to earn $12 (the additional takedown) on that sale.
It is true that departmentalization by location allows an organization to readily respond to the unique demands of each geographical area.
The departmentalization by location is a strategy that organizations use to maintain departments in different locations where they operate, in order to deal more closely with the company's activities and needs.
This is a positive strategy that can speed up decision making, as each geographic area has different needs that must be addressed differently from the other.
So the statement is true and some of the advantages of departmentalization by location is improved communication, better allocation of employees and greater product promotion.
Learn more about departmentalization here:
brainly.com/question/6229273
Answer:
P0 = $77.397794 rounded off to $77.40
Explanation:
The two stage growth model of DDM will be used to calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [(D0 * (1+g1)^n * (1+g2) / (r - g2)) / (1+r)^n]
Where,
- g1 is the initial growth rate
- g2 is the constant growth rate
- D0 is the dividend paid today or most recently
- r is the required rate of return
P0 = 1.89 * (1+0.23) / (1+0.15) + 1.89 * (1+0.23)^2 / (1+0.15)^2 +
1.89 * (1+0.23)^3 / (1+0.15)^3 +
1.89 * (1+0.23)^4 / (1+0.15)^4 +
1.89 * (1+0.23)^5 / (1+0.15)^5 + 1.89 * (1+0.23)^6 / (1+0.15)^6 +
1.89 * (1+0.23)^7 / (1+0.15)^7 + 1.89 * (1+0.23)^8 / (1+0.15)^8 +
1.89 * (1+0.23)^9 / (1+0.15)^9 + 1.89 * (1+0.23)^10 / (1+0.15)^10 +
[(1.89 * (1+0.23)^10 * (1+0.07) / (0.15- 0.07)) / (1+0.15)^10]
P0 = $77.397794 rounded off to $77.40
