What is the question? Lol
Answer:
$24.587
Explanation:
Given:
Annual dividend paid = $1
Expected growth rate for 2 years = 25% = 0.25
After 2 years growth rate = 5%
required return for deployment specialists = 11.0%
Now,
At the end of year 1, Expected dividend on stock = $1 × (1 + 25% ) = $1.25
At the end of year 2, Expected dividend on stock = $1.25 × (1 + 25%)
= $1.5625
At the end of year 2, Expected dividend on stock = $1.5625 × (1 + 5% )
= $1.640625
and,
Value of stock at the end of Year 2 = ![\frac{\textup{Expected dividend on stock at end of Year 3}}{\textup{(Required return - Dividend growth rate)}}](https://tex.z-dn.net/?f=%5Cfrac%7B%5Ctextup%7BExpected%20dividend%20on%20stock%20at%20end%20of%20Year%203%7D%7D%7B%5Ctextup%7B%28Required%20return%20-%20Dividend%20growth%20rate%29%7D%7D)
= ![\frac{\textup{1.640625 }}{\textup{(0.11 - 0.05)}}](https://tex.z-dn.net/?f=%5Cfrac%7B%5Ctextup%7B1.640625%20%7D%7D%7B%5Ctextup%7B%280.11%20-%200.05%29%7D%7D)
= $ 27.34375
Therefore,
The Intrinsic value of stock = ![\frac{1.25}{(1+0.11)}+\frac{1.5625 + 27.34375}{(1+0.11)^2}](https://tex.z-dn.net/?f=%5Cfrac%7B1.25%7D%7B%281%2B0.11%29%7D%2B%5Cfrac%7B1.5625%20%2B%2027.34375%7D%7B%281%2B0.11%29%5E2%7D)
= 1.1261 + 23.4610
= $24.587
Over time, the average consumer will be better off from reduced trade barriers by lower prices.
- Comparative advantages allow countries to manufacture the goods at which they are experts.
- A is skilled at making delicious wine, and they can do so for less money than B while still creating a wine of higher quality.
- When trade obstacles are lowered, wine from country A will be sold in country B, customers will have more wine options available to them, and prices will be substantially less different than they are when strong barriers are in place.
Learn more about the average consumer here brainly.com/question/14285371
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Answer:
- the reproduction in which fertilization takes place is called sexual reproduction.
ii . multiple fission
hope it is helpful to you
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