Answer:
a)
$34.4
b)
$37.20
c) $59.57
Explanation:
Given:
Dividend paid = $2.15
Growth rate = 4% = 0.04
Required return = 10.5% = 0.105
Now,
a) Present value = 
for the current price n = 1
thus,
Current price = 
= 
= $34.4
b) Price in 3 years
i.e n = 3
= 
= 
=
$37.20
c) Price in 15 years
i.e n = 15
= 
= 
= $59.57
Answer:
The Acquisition Program Baseline (APB) is developed by the Program Manager (PM) before the initiation of a program for all Acquisition Category (ACAT) programs and depicts the current condition of a program.
Explanation:
Answer:
$13,899.60
Explanation:
The amount of interest income that Ms. Ann Price should recognize in year 2020,the year the loan was given to Joe Kiger is the amount of the loan given out multiplied by the prevailing interest on similar loan which is shown below:
interest income in the year 2020=$154,440*9%=$13,899.60
The amount computed is the interest amortized for the year.
By multiplying the prevailing interest rate by outstanding loan amount each ,at end of the third year the loan amount would be $200,000 as shown below:
future value=$154,440*(1+9%)^3=$ 200,004.28 approximately $200,00