Answer:
The intrinsic value of the stock is 9.76 
Explanation:
We have to use the dividend growth model
It is fundamental to understand that these values are in the future so we must take them to present value, using the required return of 14%
![\left[\begin{array}{ccc}-&DIVIDENDS&PRESENT VALUE\\1&0&0\\2&0&0\\3&0.75&0.506228637151512\\4&0.87&0.515109841312065\\5&1.0092&8.73578093453209\\Intrinsic&Value&9.75711941299567\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-%26DIVIDENDS%26PRESENT%20VALUE%5C%5C1%260%260%5C%5C2%260%260%5C%5C3%260.75%260.506228637151512%5C%5C4%260.87%260.515109841312065%5C%5C5%261.0092%268.73578093453209%5C%5CIntrinsic%26Value%269.75711941299567%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We multiply year 3 by 1.16 to get year 4
Then we multiply year 4 by 1.16 to get year 5 dividends.
Then we use the dividend growth model to get the value ofthe future years

Again, this value is set 5 years into the future, so we have to calculate the present value

Same process is done for year 3 and 4


Then we add the three values to get the value of the stock today.
 
        
             
        
        
        
The national organization for women (now), the American civil liberties union (ACLU), and the national right to life committee are all examples of special interest groups.
A special interest group (SIG) is a community within a larger organization that has a common goal of advancing a particular field of knowledge, learning, or technology. 
Members work together to influence or produce solutions in their particular field and may communicate, gather in person, and plan conferences.
These interest organizations speak for groups that advocate for and support vulnerable communities. The Sierra Club, for instance, focuses on preserving both the environment and the world's wild places. 
They also emphasize educating individuals about environmental protection. These kinds of organizations promote their particular interests and build a foundation of support that helps them advance their public issue.
To learn more about special interest groups refer to:
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The value of European Put option is 9.
<h3>What is Put option?</h3>
Under derivative securities market an option whose value depend on the underlying item where delivery is not made generally & net settlement done by squaring off the position and depends on the volatility of market.
Put Option is a bearish school of thought where investor thinks the market will decline & the value will be below the exercise price.
In hedging the position of investor make certain not better, therefore the value of put option lies between zero or difference value among the spot price & exercise price with discounting annual market interest rate:
Spot = 70
Exercise = 65
Future Price = 70 × 80% = 56
Rate = 4 % Compounded semi annually.
Value of Put = Spot Price - Exercise Price
                      = 56 - 65
                      = 9  
Thus the value of put option will be 9 (65-56).
 
To know more about Put option refer:
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Answer:  d. revenues to be understated.
If the services have been rendered but the revenue is not recorded it means that your accounts will show less revenue than you have actually earned as in accounting revenue is recognized as soon as the service is rendered, thus not recognizing the revenue when the service is rendered will understate the revenues.
Explanation:
 
        
             
        
        
        
Answer and Explanation:
The tax consequences for the following events - 
a. The organization should record the amount of $10,000 in the year 2018 as they followed the cash basis and the cheque should be equal to the cash also troy could not able to record the bonus till it is actually collected
b. As per the accrual basis, the income should be recorded when they are earned not when they are received so the corporation should record the income in the year 2018 as the agent performed the service 
c. Since the restrictions that are imposed on cheque for payment purpose should be treated as the substantial and the cheque should not be equivalent to the cash because the customer told that check should be held till Jan 2019 so the income should not be recorded in 2018