Answer:
$9.57 per stock
Explanation:
using the dividend discount model to find the stock's current price (P₀):
P₀ = Div₁ / (Re - g)
- Div₁ = $0.70 x 1.025 = $0.7175
- Re = 10%
- g = 2.5%
P₀ = $0.7175/ (10% - 2.5%) = $0.7175/ 7.5% = $9.5667 ≈ $9.57 per stock
<span>The price elasticity of a demand measures the percentage change in the quantity demanded that results from a percentage change in price.
hope it helps!!</span>
Answer:
(C) Direct imitation and Substitution
Explanation:
As a leading guitar string producer Wound Up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. One of Wound Up's competitors, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. Therefore and consequently, Wound Up's competitive advantage is in danger due to direct imitation and substitution. As it has been very much obvious from the given data that Wound Up was enjoying superior position in the market based on the clearer sound and longer lifespan of its guitars, which was purely due to their signature coating which they used on the strings. When on its competitor has developed the same kind of coating but even at the lesser rates, then of course, they can enjoy much better position in the market and they can compete much effectively with the Wound UP, both in quality and price as well. This direct imitation and substitution can lead Wound Up losing its competitive advantage, therefore, either they can develop the same strings at the less process or they have to come up with something totally new, creative and unique in order to win this competition now.
There are two types of inquiries into your credit history: hard and soft.
Hard inquiries happen when lenders view your credit history in an attempt to lend you money. These will affect your credit scores.
Soft inquiries do not appear on your credit file and do not affect your credit history. These inquiries happen when you check your own credit or in this case a job checks your credit.
Managers should demonstrate empathatic listening. Employees need a voice so listening is vital. Especially in times that are chaotic.
