Answer:
$59.36
Explanation:
Given that
Dividend per share = $1.30
Growth rate for next 3 years is 15%
Now
Dividend for year 1 is
= Dividend per share × (1 + growth rate)
= $1.30 × (1 + 0.15)
= $1.495
For dividend for year 2 is
= Dividend for year 1 × (1 + growth rate)
= $1.495 × (1 + 0.15)
= $1.719
For dividend for year 3 is
= Dividend for year 2 × (1 + growth rate)
= $1.719 × ( 1 + 0.15)
= $1.977
And,
Subsequent Growth rate = g2 = 5%
Now
Dividend for year 4 is
= Dividend for year 2 × (1 + g2)
= $1.977 × (1 + 0.05)
= $2.076
Now
As per Gordon's Growth Rate Model
Price at year 3 is
= Dividend for year 4 ÷ (required rate of return - g2)
= $2.076 ÷ (0.08 - 0.05)
= $69.2
So, Value of the Stock is
= Dividend for year 1 ÷ (1 + required rate of return ) + Dividend for year 2 ÷ (1 + required rate of return)^2 + Dividend for year 3 ÷ (1 + required rate of return)^3 + Price at year 3 ÷ (1 + required rate of return)^3
= $1.495 ÷ (1+0.08) + $1.719 ÷ (1+0.08)^2 + $1.977 ÷ (1+0.08)^3 + $69.2 (1 + 0.08)^3
= $59.36
Answer:Non- Programmed Decision
Explanation:
In deciding who to hire, L Brands executives had to consider multiple options, which made the decision poorly defined.
So also, the decision had huge important consequences for the company: Picking the wrong CEO could be very costly and may lead to it winding up.
Answer:
If her purpose was to rehabilitate Sam so that the community would benefit by removing his need to commit crimes, this would be consistent with the idea of: Community based program such as Prisoner Reentry Initiative (PRI).
Explanation:
in 2004, US congress enacted the Prisoners Reentry Initiative (PRI). The program was managed by the Department of Labor,a sum of $300 million dollar was voted for to execute the project which includes transitional housing, job training and job placement for convicted criminals.
This initiative also incorporates the use of peer mentoring and faith based interventions to help with the transition from prison to the community.
mental health services, substance abuse treatment and skill acquisition programs was also introduced.
This idea stems from the belief that external factors can also affect a persons behavioral pattern.
This initiative was found to be effective as it was truly devoted to meeting the need of individuals and impacting the community in general.
Answer:
A. increase; decrease; increase
Explanation:
If the inflation of United States is lower than in other countries, it means that the price level of United States products are relatively lower than price of products in other countries. So that, the foreign consumers want to buy U.S products more, leading to the increase in U.S. export.
Similarly, as the price of products in other countries are higher than that in the U.S., so that the U.S. residents want to buy domestic products more, reducing the imports of products from other countries, leading to the decrease in the U.S. import.
As the Net export = Export ↑- Imports↓
=> The Net export of US would increase
Customer-managed relationship (CMR) was practised in the company as an extension of customer relationship management. In order for the customers to have the ability in acquiring information with regards to ordering products from a specific company online, corporations uses this methodology for the matter.
