Answer:
$2.88 per share
Explanation:
The computation of the current dividend per share is shown below:
As we know that
Cost of equity = Next year dividend ÷ current stock price + growth rate
Since the cost of equity is 9%
So growth rate = 4.5%
And, the Next year dividend ÷ current stock price = 4.5%
Therefore, the next year dividend is
= $66.90 × 4.5%
= $3.0105
And, the current year dividend is
Next year dividend = Current year dividend × (1 + growth rate)
$3.0105 = Current year dividend × (1 + 4.5%)
So, the current year dividend is $2.88 per share
A bond is a debt instrument. The company or government issuing it borrows your money and pays you a fixed amount of money for the use of the loan you have made available to the company or government. The selling price is usually what the face value of the bond is, but this can vary according to interest rates determined by the Federal Reserve.
A stock is ownership. You own a fraction of the company you've invested in. Sometimes a company pays a dividend. That means that the company has excess funds and decides to pay its shareholders a fraction of what the company brings in. When you buy a stock, you expect to sell it at a higher price than what you bought it at. That's called a capital gain. It's another source of income.
The answer is Each individual buyer’s demand curve will be Vertical and the market demand curve will be Downward sloping.
The demand curve could be a graphical representation of the connection between the value of an honest or service and therefore the quantity demanded for a given period of your time. in a very typical representation, the value will appear on the left vertical axis, the amount demanded on the horizontal axis.
The demand curve will move downward from the left to the correct, which expresses the law of demand—as the worth of a given commodity increases, the amount demanded decreases, all else being equal.
Note that this formulation implies that price is that the variable, and quantity the variable. In most disciplines, the experimental variable appears on the horizontal or x-axis, but economics is an exception to the current rule.
The degree to which rising price translates into falling demand is named demand elasticity or price elasticity of demand. If a 50% rise in corn prices causes the number of corn demanded to fall by 50%, the demand elasticity of corn is 1. If a 50% rise in corn prices only decreases the amount demanded by 10%, the demand elasticity is 0.2. The demand curve is shallower (closer to horizontal) for products with more elastic demand, and steeper (closer to vertical) for products with less elastic demand.
Other factors can shift the demand curve similarly, like a change in consumers' preferences.
Learn more about Demand Curve here
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Answer:
A) $0.40
Explanation:
Stock split implies that a single share is divided into multiples which means that 4:1 stock split means that after the stock a single share prior to the stock split is divided into 4.
Total dividend per share expected next year=$6.40
Now that a single share now commands 4
Revised dividend per share expected next year=$6.40*1/4=$1.60(annual dividend)
quarterly revised per share dividend expected in the coming year=$1.60/4=$0.40
Answer:
According to Oregon's administrative rules for real estate brokers, Helen has three business days to deposit the $5,000 check she received as deposit for the purchase offer.
She can deposit the check in her client's trust account or in a neutral escrow depository.
She has to decide on which account she will deposit the check by Thursday (end of the third business day deadline).
