Answer:
From the calculation below Up-Towne Movers just paid a dividend of $3.13
Explanation:
The price of share=D1/r-g
The Do is the dividend just paid which is the unknown in the equation
g is the dividend growth rate of 4.3%
r is the required return of 11.1%
The share price is $46.00
$46=Do/(11.1%-4.3%)
46=Do/0.068
by cross-multiplication the equation becomes
$46*0.068
=Do
Do=$46*0.068
Do=$3.13
The dividend just paid by Up-Towne Movers is $3.13 as calculated above from the share price equation
Answer:
Explaination given below:
Explanation:
The Permanent School Fund distributes money to school districts across the state based on the two factors as follows:
* student attendance
&
* guaranteed bonds issued by local school boards
The Permanent School Fund was organized in the year around 1854. The central goal of the Permanent School Fund is to support primary as well as secondary schools in the state.
If a person doesn't trust you then they will tell other people and the other people won't trust you
It changes over time, depending on the expected rate of return on productive assets exchanged among market participants and people's time preferences for consumption.
A. its a tailpor made for each job