Answer:
29,700 dollars is your answer
Explanation:
Answer:
d. compound interest
Explanation:
Compound interest basically means that previously earned interests will earn interests on their own. For example, you invest $100 and receive a 5% yield. At the end of year 1 you will have $105. At the end of year 2 you will have $105 x 1.05 = $110.25. The $5 in interests previously earned during year 1 will earn $0.25 interest during year 2.
Answer:
Task / established
Explanation:
Internal control was created for a couple of reasons:
1. to ensure that there is no corrupt practices occurring from within the organization.
2. To ensure that every single employees are held accountable to the tasks that given to them
3. A way for managers to monitor the productivity rate of the team.
'Tasks' are a set of duties that the employees need to fulfill during the operation, If one employees fail to fulfill any of their tasks, it could become a hindrance for another employees.
The word 'Established' Indicated that the task is strongly structured by the higher ups and the employees have no right to change it without the permission from the higher ups.
Answer:
$9.51
Explanation:
The computation of the price willing to pay for purchasing one share is shown below:
But before that following calculation need to be done
Value after year 4 is
= (D4 × Growth rate) ÷ (Required return - Growth rate)
= ($0.91 × 1.03) ÷ (0.11 - 0.03)
= $11.71625
Now the current price is
= Expecte dividends × Present value of discounting factor(11%,time period)
= $0.41 ÷ 1.11 + $0.46 ÷ 1.11^2 + $0.61 ÷ 1.11^3 + $0.91 ÷ 1.11^4 + $11.71625 ÷ 1.11^4
= $9.51
Answer:
10.21
Explanation:
Dividend= 2.50
The growth rate is 5%
The current stock price is $48
Therefore the cost of equity can be calculated as follows
= 2.50/48 +5/100
= 0.0521 + 0.05
= 0.1021×100
= 10.21
Hence the cost of equity is 10.21