Answer:
$9.00
Explanation:
Note: See the attached file for the calculation of PV of year 1 to 7 dividends.
Price at year 7 = year 8 dividend / (Rate of return - Perpetual growth rate) = (0.5747245056 * 1.05) / (10% - 5%) = $12.0692146176
PV of price at year 7 = $12.0692146176 / (1.10)^7 = $6.19341546169015
Current price = Sum of PV of years 1 to 7 dividends + PV of price at year 7 = $2.81096656749202 + $6.19341546169015 = $9.00
Answer
True
Explanation
Written contracts are binding, oral agreements are not
<span>Most processing in a computer takes place in a component called the __CPU___ processing unit.</span>
Answer:
Offer of share by a listed CPSE or the government out of its shareholding or a combination of both to the public for subscription is done through
d. Strategic sale
Explanation:
Strategic sale refers to the transfer of control of an entity from government to private owners. This method is considered to be the best method for achieving improved efficiency in the rendering of governmental services. Many government entities are being sold to private entities or the public because government has realized that it should not in business. By selling shares of such entities government enables the entities to be run with efficiency and effectiveness.
