Answer:
The car is faster
Step-by-step explanation:
(See attached image)
Answer: $28.14
Step-by-step explanation:
The following information can be gotten from the question:
Stock price(P) = $20
Dividend (D1) = $2
Required rate of return = 15% = 0.15
To calculate growth rate, we use:
P=D1/(k-g)
20=2/(0.15-g)
20(0.15-g) = 2
3 - 20g = 2
20g = 1
g = 1/20
g = 0.05 = 5%
To calculate the price after 7 years, this means we will have to find the dividend for the 8th year.
D8=D1(1+.05)^7
D8 = 2(1+0.5)^7
D8= 2.814
Then,
P7=D8/(K-G),
P7 = 2.814/(0.15 - 0.05)
P7 = 2.814/0.1
P7=28.14
The expected price of the stock seven years from now will be $28.14
Answer:
0. See explanation below.
Step-by-step explanation:
Grayson is playing a game in which the objective is to obtain a zero, by adding together the points scored in each round.
For rounds 1 to 4,
4 + 7 + 1 + -12 = 12 - 12 = 0
The summation of points in the first four rounds already results to a zero.
Let us see if the addition of any of the three options for round 5 will still result in a zero!
0 + -24 = -24
0 + -11 = -11
0 + 12 = 12
So all the options here are wrong. The only option that would have been correct is 0.
Since 4 + 7 + 1 + -12 + 0 = 0
Maybe the complete question has 0 as the fourth option. Use that.
The solution is (x, y) = (2, 1).