Answer:
Court ruled over in favor of the plaintiffs.
Explanation:
The result was that the court ruled in the favor of the plaintiffs because the contractor was statutorily barred from bringing an action to enforce payment because he doesn't has the residential home builder license and the amount of the contract satisfied statutory requirements.
The project management institute initially published the Organizational Project Management Maturity Model (OPM3).
<h3>What is management?</h3>
Management refers to the group of people working together in order to achieve the common goals of the organization. It involves certain activities such as planning, organizing, directing, staffing, commanding and controlling.
Organizational Project Management Maturity model, which implies that procedures centered on a single discipline. The five-step approach covers fundamental to advanced procedures.
It bridges the gap between the organizational strategy and successful projects.
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Answer:
The horizon date of Holt Enterprises is at the end of the second year.
Explanation:
The horizon date is when there is a constant growth or the growth rate becomes constant. The horizon date is the last year in the free cash flow when the growth rate is constant. It is also called forecast horizon or terminal date because it is at the end of the forecast. At the horizon date, the firm becomes stable and profitable.
The horizon date of Holt Enterprises is at the end of the second year.
Answer:
$13.53
Explanation:
Data provided in the question:
Annual dividend per share, D0 = $1.84
Cost of capital, ke = 13.6% = 0.136
Now,
since,
the dividend remains the constant, the growth rate (g) of the dividend will be 0%
Also,
Current price = [ D0 × ( 1 + g ) ] ÷ [ ke - g ]
= [ $1.84 × ( 1 + 0% ) ] ÷ [ 13.6% - 0% ]
= $1.84 ÷ 0.136
= $13.53
