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zloy xaker [14]
3 years ago
10

Pharoah, Inc., paid a dividend of $4.25 last year. The company's management does not expect to increase its dividend in the fore

seeable future. If the required rate of return is 17.0 percent, what is the current value of the stock
Business
1 answer:
Maslowich3 years ago
5 0

Answer:

The current value of the stock is $3.63

Explanation:

The company's management does not expect to increase its dividend in the foreseeable future. It means that the dividend for this years (to be received after 1 years from today) is also $4.24  

Future value (FV): $4.25

Rate: 17%

Present value (PV) = FV/(1+rate)^tenor

= 4.25/(1+17%) = $3.63

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Mr. and Mrs. Kim, married filing jointly, own a principal residence and a vacation home. Each residence is subject to a mortgage
Evgen [1.6K]

Answer:

$53,577

Explanation:

Computation for Mr. and Mrs. Kim's qualified residence interest

Using this formula

Qualified residence interest=(Acquisition debt ÷ Total debt) ×Total interest

Where,

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3 years ago
M1 and M2 are two definitions of the money supply.
Alex787 [66]

Answer: Please refer to Explanation

Explanation:

M1 is the narrowest definition of money supply. It refers to the most liquid or instruments and includes actual currency as well as money in checking accounts.

M2 is the next type of of money. It includes EVERYTHING in M1 and then also includes savings deposits, time deposits, and money market funds.

Now,

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Money market account balance - M2 only

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Currency - M1 and M2

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It is worthy of note that there is no M1 only. This is because as stated in the definition, all M1s are in M2.

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4 years ago
Between 2010 and 2020.
Arte-miy333 [17]

Answer:

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