1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IrinaVladis [17]
3 years ago
11

BREMCO recently paid a $2.80 annual dividend on its common stock. This dividend increases at an average rate of 3.8 percent per

year. The stock is currently selling for $26.91 a share. What is the market rate of return
Business
1 answer:
Paraphin [41]3 years ago
3 0

Answer:

14.60%

Explanation:

The computation of market rate of return is shown below:-

Market rate of return = (Dividend × (1 + Growth rate)) ÷ Current price of stock + Growth rate

= ($2.8 × (1 + 3.8%)) ÷ 26.91 + 0.038

= ($2.8 × 1.038) ÷ 26.91 + 0.038

= $2.9064 ÷ 26.91 + 0.038

= 0.108 + 0.038  

= 14.60%

So, for computing the market rate of return we simply applied the above formula.

You might be interested in
You form an alliance with a group of your coworkers at the office and agree that you will only discuss group-related matters at
8_murik_8 [283]

Answer:

d. Group Norm

Explanation:

Group Norms are informal rules that generally discourage behaviors that impede the efficacy of a group and and encourage the group to work efficiently.

They are regulations that groups adopt that ensure some form of order and they are also a reflection of the expectation of members of the group should interact and work.

Here, agreeing that members of the group will only discuss group-related matters at 1pm on Wednesdays is an example of a Group Norm because;

1. It is an unwritten rule

2. It is majorly to ensure that order is maintained so that the purpose of the group remains undefeated.

3 0
2 years ago
High Country Apparel signed a $75,000, two-year, interest-bearing, 5% note on October 1, 20XX. The maturity value of the note is
Ket [755]

Based on the information given the maturity value of the note is: $82,500.

Using this formula

Maturity value of note=Principal amount+(Principal amount× Number of year× Interest rate)

Where:

Principal amount=$75,000

Number of year=2 year

Interest rate=5% or 0.05

Let plug in the formula

Maturity value of note=$75,000+($75,000×2 year×0.05)

Maturity value of note=$75,000+$7,500

Maturity value of note=$82,500

Inconclusion  the maturity value of the note is: $82,500.

Learn more about maturity value of note here:brainly.com/question/24374294

4 0
2 years ago
Which of the following can help you get a press release noticed by an editor or reporter?
Dimas [21]

Answer:

Correct answer is C (just took the test)

Explanation:

6 0
3 years ago
True or False: The appreciation in the dollar’s exchange value from 1980 to 1985 made U.S. products less expensive and foreign p
Amanda [17]

Answer:

False

Explanation:

Exchange rate is defined as the amount of a currency that is exchanged for another countrie's currency at a given time.

When the dollar appreciates it is stronger than other currencies. It takes fewer dollars to purchase US goods than foreign currencies.

So more of foreign currencies will be used to buy the US product (expensive). This will discourage exports.

This will also make foreign goods cheaper.

As foreign goods are cheaper the US will have more imports.

6 0
3 years ago
True or false: A smart store layout moves customers in and out as fast as possible. a) True b) False
djyliett [7]

b) False

A store is laid out to keep people in so they purchase more items.

3 0
2 years ago
Read 2 more answers
Other questions:
  • Before Sarah makes any changes based on the Budget Performance Report for September, she wants to be sure she understands the re
    6·1 answer
  • What could you learn in the successful turkey hunting course?
    6·1 answer
  • Straight cut beauty salon merges with​ clean-cut beauty salon. this is an example of
    14·1 answer
  • On September 18, 2019, Gerald received land and a building from Frank as a gift. No gift tax was paid on the transfer. Frank’s r
    11·1 answer
  • Which course of action would the WTO take if member A tries to impose a trade barrier against member B?
    12·2 answers
  • You are a loan officer at a bank. An application comes to you for $5000 loan. Explain why you would want to know the persons cre
    14·1 answer
  • Ladiator Apparel is the market leader in the sportswear industry. Though most of its resources are common to those of its compet
    9·1 answer
  • NEED HELP!! PLEASE ID APPRICATE IT
    10·2 answers
  • Some __________ ask members/customers to work at the organization for a number of hours a month as part of their duties.
    12·1 answer
  • Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same t
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!