Earthquakes occur along the edge of the oceanic and continental plates.
22. it is because their is only 1 rope on the left side A.
21. is because the water is raised higher as the sticks are doubled in height.
The difference is that public debt is owed to creditors while intragovernmental debt is owed to another part of government.
<h3>How to Classify Debts?</h3>
The public debt is defined as the amount of money that a government owes to creditors. Now, this debt held by the public is a large portion of the national debt.
However, Intragovernmental debt is defined as debt that one part of the government owes to another part of the government. Generally, this debt is held in government trust funds, such as the Social Security trust funds.
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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
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