Answer:
The director is required to send a mail concerning the revocation notice to the producer.
Explanation:
Where a producer violates an insurance law and also commits a criminal action in the process, the director is expected to send a notice to the producer and inform the Attorney General for possible prosecution.
Answer:
The answer is 6.17%.
Explanation:
We apply the Dividend Model for solving the questions.
Denote g as the constant dividend growth rate after 3 years which needs to be found.
The principle in the Dividend model is: Current share price = Projected present value of all expected future dividend discounted at company's cost of equity rs =16%.
Thus Current share price = Present value of Dividend paid in Y1 + Present value of Dividend paid in Y2 + Present value of Dividend paid in Y3 + Present value of dividend perpetuity growth after Y3.
=> 51 = (3 x 1.25) / 1.16^1 + (3 x 1.25^2)/ 1.16^2 + (3 x 1.25^3)/1.16^3 + [3 x 1.25^3 x (1+g)]/(0.16-g)/1.16^3 <=> [5.8594 x (1+g)]/(0.16-g)/1.16^3 = 40.5298 <=> [5.8594 x (1+g)]/(0.16-g) = 63.2628 <=> 5.8594 + 5.8594g = 10.1220 - 63.2628g <=> 69.1222g = 4.2626 <=> g = 6.17%.
Thus, the constant rate the stock's dividend expected to grow after Year 3 is 6.17%
The good produced by the government because it is inefficiently supplied by the market is known as a public good.
<h3>What is a public good?
</h3>
A public good is a good that is non excludable and non-rivalrous. Public goods are usually produced by the government because they are too expensive to be produced by the market or because the market produces them inefficiently.
To learn more about public goods, please check: brainly.com/question/12390476
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Answer: b. The optimal capital structure simultaneously maximizes stock price and minimizes the WACC
Explanation:
The optimal capital structure is simply defined as the capital structure of a company that's made up of debt and equity which helps a business in achieving its aim.
The optimal capital structure simultaneously maximizes stock price and minimizes the WACC. As economic agents always look out to maximize stock price, it should be noted that this can be achieved with a cost of capital that's at its minimum.
Answer:
The correct answer is B. Different cultures.
Explanation:
Organizational culture is a set of values, practices, procedures, policies, that distinguish companies from each other. This characteristic is essential for the execution of tasks and is taken as a reference to measure the performance of people. In a serious organization, the appropriation of culture is highly encouraged in order to achieve all the proposed goals in a synchronized manner and considering the organizational climate as one of the fundamental pillars in management.