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University of Arkansas FINN FINN 005 iv) Vicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacturer. She finds that the firm's most...
Question
iv) Vicky Robb is considering purchasing the common stock of Hawaii
Industries, a rapidly growing boat manufacturer. She finds that the firm's most recent (2020) annual dividend payment was $2.50 per share. Vicky estimates that these dividends will increase at a 20% annual rate, g1, over the next 3 years (2021, 2022, and 2023) because of the introduction of a hot new boat. At the end of the 3 years (the end of 2023), she expects the firm's mature product line to result in a slowing of the dividend growth rate to 8% per year, g2, for the foreseeable future. Vicky's required return, rs, is 15%.
Required: What is the current (end-of-2020) value of Hawaii's common stock, P0 = P2020.
Anecdote would be the correct answer
Answer:
Patrick Maloney drinks heavily when he arrives home. He is not as communicative as he usually is. This behavior foreshadows that he has some news for his wife, which she will not be happy to hear.
Explanation:
Foreshadowing is a literary device in which the author gives the readers certain clues about what will happen later in the story.
In "Lamb to the Slaughter", Patrick Maloney returns home and everything seems as usual, until he starts to drink a lot of alcohol. He barely talks to his wife, giving short answers to what Mary says. This behavior indicates that Patrick has certain news to share with his wife, and that he expects that she will not be happy when she hears it. He wants to leave his pregnant wife, and is aware that there is a difficult conversation in front of them.
Their motivation was to silence free thinkers it was corrupt government
Always check for understanding because if not you’ll get it will get it wrong.
