5. What is the purpose of a consumer cooperative?

The stock in Up-Towne Movers is selling for $48.20 per share. Investors have a required return of 11.2 percent and expect the di

Keith_Richards [23]

Answer:

The dividend the company just paid is $3.53

Explanation:

The solution to the problem is given as follows.

$48.20 = D1/(.1120 − .0360)

$48.20= D1(0.076)

Making D1 the subject of formula we have.

D1 = $3.66

D0 = $3.66/(1 + .0360)

D0 = $3.53

6 0

2 years ago

Read 2 more answers

During which phase does an employee returning from a foreign assignment experience culture shock in reverse?

weeeeeb [17]

The correct answer is repatriation.
A person who has been sent to work in another country might have a hard time adjusting to his original country once he or she returns. This is because you assimilate into that new culture, and when you go home, you have to readjust again in order to assimilate back into your former culture.

8 0

3 years ago

If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?

Juliette [100K]

Question:

Suppose there is a bond in ABC Company that that pays coupons of 8.5%, and suppose that these coupons are paid annually.

Suppose the face value of the ABC bond is $1000 and the maturity is 11 years.

If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?

Answer:

Price of bond = $ 1197.17

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The price of the bond can be worked out as follows:

Step 1

PV of interest payments

Annual Interest payment = 8.5%× 1000 = 85

Annual yield = 6%

Total period to maturity (in years) = 11

PV of interest =

85 × (1- (1+0.06)^(-11)/)/0.06 = 670.38

Step 2

PV of Redemption Value

= 1,000 × (1.06)^(-11) = 526.78

Step 3:

Price of bond

670.38 + 526.78= 1,197.17

Price of bond = $ 1197.17

6 0

2 years ago

ming is visiting her company's headquarters in germany, which has a highly assertive culture. she is likely to observe her cowor

Snowcat [4.5K]

Ming is visiting her company's headquarters in germany, which has a highly assertive culture. she is likely to observe her coworkers using competitive language when evaluating ideas.

Coworker is an online market and get right of entry to answer for discovering and reserving coworking spaces and bendy offices around the sector. It was based in 2015 via current president Sam Marks.[1][2] The agency has places of work inside the united states of america, Canada, Spain, and Thailand, with its registration in the u.s.. by 2021, the business enterprise recorded 18,500 coworking spaces in 172 international locations in its network.[3]

Learn more about coworkers here

brainly.com/question/1187909

#SPJ4

3 0

9 months ago

Quality Bike Maps has produced four map designs for the local area. A limited amount of time (in minutes) is allocated to the pr

stich3 [128]

Answer:

since 1 <= allowable increase

optimal solution won't change

hence

1500 * 1 + 1000*1 + 1000*2 + 2833.33* 3

= 13000

Note: Complete question is added in the attachment

8 0

2 years ago