A + 4(a - 5) = 5
a + 4a - 20 = 5
5a = 5 + 20
5a = 25
a = 25/5
a = 5 <====
The current price of the stock given the dividend, cost of equity and growth rates is $46.90.
<h3>What is the current stock price?</h3>
Thw two-stage dividend growth model would be used to determine the value of the stock.
First stage:
- dividend in Y1 = 1.20x 1.12 = 1.344
- dividend in Y2 = 1.20 x 1.12^2 = 1.505
- dividend in Y3 = 1.20 x 1.12^3 = 1.69
Second stage:
Y3 = (1.69 X 1.06) / (0.095 - 0.06) = 51.059
Find the present value of these cash flows
(1.344 / 1.095) + (1.505 / 1.095²) + (1.69 / 1.095³) + (51.059/1.095³) = $46.90
To learn more about the two stage dividend model, please check: brainly.com/question/26564273
Answer:
sure later
Step-by-step explanation:
Answer:
D) -4, 0
Step-by-step explanation:
find common difference.
the common difference appears to be +4 as you must add 4 to -12 to get to -8
now we find the missing terms.
the previous term of the first missing term is -8
if the common difference is +4 then the next term would be -8 + 4 = -4
the term after that would be -4 + 4 = 0
the two missing terms are -4 and 0
Answer:
47/73
Step-by-step explanation:
There are 73 people who like tea. 47 are women, 26 are men. This means that the probabili that the person chosen is a women is 47 out of the 73.