Answer:
$6.48
Explanation:
div 1 = $0.27
div 2 = $0.32
div 3 = $0.47
div 4 = $0.77
div 5 = $0.77 + 2.3%
required rate of return = 12%
first we must determine the stock price in 4 years = ($0.77 + 1.023) / (12% - 2.3%) = $8.12
now we must determine the stock price including all dividends up to year 4:
stock price = $0.27/1.12 + $0.32/1.12² + $0.47/1.12³ + $0.77/1.12⁴ + $8.12/1.12⁴ = $0.24 + $0.26 + $0.33 + $0.49 + $5.16 = $6.48
The answer I think is c because it’s most accurate to me
The best type of account for her to use is: Individual retirement account.
<h3>What is individual retirement account?</h3>
An individual retirement account is a form of saving account that enables an individual to save ahead of retirement.
Individual retirement account is important for people that want or desire to save retirement.
Since Emma want to start investing for retirement the best choice is for Emma to open an individual retirement account.
Inconclusion the best type of account for her to use is: Individual retirement account.
Learn more about Individual retirement account here:brainly.com/question/1637877
People like them might get a feeling of getting more money and want to start their own business and be their own bosses so they can get more money. Is also a creative type of job that they could try. (Hope it helps)(This is my opinion on your question)