Answer:
sin 30 sin 30 sin 30 sin 30
16 is the answer b/c 8x4 is 32 and 4x4 is 16 so subtract 32-16=16
The current price of the stock given the dividend, cost of equity and growth rates is $46.90.
<h3>What is the current stock price?</h3>
Thw two-stage dividend growth model would be used to determine the value of the stock.
First stage:
- dividend in Y1 = 1.20x 1.12 = 1.344
- dividend in Y2 = 1.20 x 1.12^2 = 1.505
- dividend in Y3 = 1.20 x 1.12^3 = 1.69
Second stage:
Y3 = (1.69 X 1.06) / (0.095 - 0.06) = 51.059
Find the present value of these cash flows
(1.344 / 1.095) + (1.505 / 1.095²) + (1.69 / 1.095³) + (51.059/1.095³) = $46.90
To learn more about the two stage dividend model, please check: brainly.com/question/26564273
7 is ten times the value of 0.7
8(x-3)=8x-24
8x-24=8x-24
8x=8x
x=x
Since x just has to equal itself and not a specific number, there are C, infinitely many solutions to this equation.