Answer:
current share price is $71.05
Explanation:
given data
grow at a rate = 20 percent
time = 3 year
growth rate falling off = 8 percent
dividend = $1.45
solution
we get here price of the stock in Year 3 that is 1 year before the constant dividend growth that is
P(3) = D(3) × (1 + g) ÷ (R - g) .............1
P(3) = D0 (1 + g1)³ × (1 + g2) ÷ (R - g)
P(3) = 
P(3) = $90.206
and
then price of the stock today is present value of first three dividends + present value of the Year 3 stock price
so price of the stock today is
P(0) = 
P(0) = $71.05
Answer:
C. the value of goods and services evaluated at base year prices.
Explanation:
Real gross domestic product -
It is the value of all the services and goods that are produced in an economy in an year, adjusted for the inflation which may have occurred over the time. It is calculated using the prices of base year.
The value of services and goods evaluated at the base year prices - Real GDP
The value of services and goods evaluated at current year prices - Nominal GDP .
Hence , the correct option is ( c ) .
They float and ride the ocean current.
Answer:
33.8%
Explanation:
Purchase price of the bond will be computed using the formula below.
where A = annual coupon = 10% * 1000 = 100
r = yield to maturity = 0.1384
n = time to maturity = 20 years
F = face value = $1,000
p = price of the bond.
Therefore, if Janet sold the bond a year later for $994.79,
the profit on sale = 
= 33.8% profit (rate of return).
Answer:
January February March
production <u> 2,500 3,000 2,700 </u>
variable 44,875 53,850 48,465
fixed <u> 14,500 14,500 14,500 </u>
total 59,375 68,350 62,965
Explanation:
indirect materials 0.5 (2 dollar per pound x .25 pound per unit)
indirect labor 16.5 ( 1 hour x 16.50 rate)
maintenance 0.75
utilities 0.2
total variable 17.95
supervisor 1000
maintenance 9000
insurance 3000
depreciation 1500
total fixed 14500
the fixed amount will remain the same and we will solve for the variable on each month considering each units generates 17.95 dollar of variable overhead
