Answer:
$33.93
Explanation:
First, find the present value of each year's dividend at 15% required rate of return;
(PV of D1 ) = 4.40 / (1.15) = 3.8261
(PV of D2 ) = 4.50 / (1.15²) = 3.4026
Next, find terminal Cashflow;
D3 = D2 (1+g)
D3 = 4.50 (1.02) = 4.59
(PV of D4 onwards ) = 
Next sum up the PVs to find price;
=3.8261 + 3.4026 + 26.6977
= 33.926
Therefore, this stock is worth $33.93 today
Answer:
The amount Laramie should record the purchase of land is <u>$6.2 million</u>.
Explanation:
The costs of a fixed asset refer to the purchase price and other relevant costs which are incurred in order to the location and working condition required to operate the fixed asset in way that it is intended.
The other relevant costs that are added to the purchase price to arrive at the cost of the fixed assets include professional fees, non-refundable taxes or levies, and among others.
If any trade discount or rebate is given, this will be deducted from the purchase price to arrive at the cost.
Any interest required to be paid on the delayed payment in order to reflects the time value of money are not part of the cost of the asset but expensed in the year they are incurred.
From the question, the land acquired is a fixed asset. Based on the explanation above, the total cost of the asset is $6.2 million. The interest from the 6% interest rate on the remaining $5 million will be part of the cost of the land but it will be expensed in the year they are incurred.
Therefore, the amount Laramie should record the purchase of land is <u>$6.2 million</u>.
The answer to this question is the term perceptual map. A pepceptual mapping is a technique used by marketers to visually map the customer's and possible customer's perception to a product versus to its competitor into a diagram. Perceptual mapping is also known as market maps. In perceptual mapping it also an analysis where the customers shows about an opinions of the competitors strenghts over them.
