Business formation is also known as: a business attraction
Answer:
$0.72
Explanation:
The computation of the amount of the last dividend paid is shown below:
Market price of a stock = Last dividend × (1 + growth rate) ÷ Required rate of return - growth rate
$12.36 = Last dividend × ( 1 + 0.03) ÷ 0.09 - 0.03
$12.36 = Last dividend × (1.03) ÷ 0.06
$12.36 × 0.06 = 1.03 × last dividend
$0.7416 = 1.03 × last dividend
So,
last dividend is
= $0.7416 ÷ 1.03
= $0.72
The Federal Reserve System<span> often referred to as the </span>Federal Reserve<span> or simply the </span>Fed<span> is the central </span>bank<span> of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>
Answer:
The correct answer is letter "B": Rider.
Explanation:
A rider policy adds or restricts terms to an already existing insurance policy. This is typically used when the policyholder includes in the original coverage some others such as life, home, and auto insurance. Rider policies are typically low priced and in most cases are offered by the same insurance companies at a special discount to promote consumption among their insured.
Answer:
The correct answer is letter "D": normal goods.
Explanation:
Normal Good is any good or service that sees its increase in demand as a result of an increase in income. Normal goods are defined as having an income elasticity coefficient of demand (<em>percentage change in quantity demanded by the percentage change in price</em>) which is lower than one (1) but is still a positive number.
<em>Consumer staples such as food, drugs, beverages, </em>and <em>basic household products</em> are considered normal goods.
