Answer:
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Explanation:
Roy is the did
Lower pitch and longer wave
Based on the dividend paid, the dividend growth rate, and the required return, the price of the stock is $51.20
<h3>What is the price of the stock?</h3>
This can be solved by the Gordon Growth Model:
Price of stock = Next dividend / (Required return - growth rate)
Solving gives:
= (3.20 x 1.04) / (0.105 - 0.04)
= 3.328 / 0.065
= $51.20
Question is:
Find the price of the stock
Find out more on the Gordon Growth Model at brainly.com/question/18760464
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When you have to write about what you do in your spare time, you need to write about your hobbies.
Hobbies are activities that you do in your spare time just because you like them and not because you are obligated to do them.
For instance, these are some examples of sentences about what I do in my spare time:
- Juego al tenis en mi tiempo libre.
- Me gusta escuchar música en mi tiempo libre.
- Cuando tengo tiempo libre, me junto con mis amigos.
It's important to decide what you want to write about and once you write them, check if they are grammatically correct.
Check more information here brainly.com/question/16585471?referrer=searchResults