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The actual correct answer is: <u>The European Union's free-trade agreements include agreements with both developed and developing nations.</u>
Answer:
The last one.
We had to ration the food to make it last the whole week.
Explanation:
Look up the meaning of ration and it'll make sense.
Answer:
The answer is below
Explanation:
a) The dividend growth rate is given as D2/D1 - 1
Year Dividend Growth rate
1 $1.25
2 $1.33 ($1.33/ $1.25 - 1) 6.4%
3 $1.4 ($1.4/$1.33 - 1) 5.26%
4 $1.51 ($1.51/$1.4 -1) 7.86%
The arithmetic average growth rate is the average of all the growth rates.
Arithmetic average growth rate = (6.4% + 5.26% + 7.86%) / 3 = 6.51%
The cost of annuity = (cost of common stock / Selling stock price) * 100% + Average growth rate
The cost of annuity = ($1.59 / $40) * 100% + 6.51% = 10.49%
b) The geometric growth rate is given as:
geometric average growth rate =

The cost of annuity = ($1.59 / $40) * 100% + 6.5% = 10.48%
Source: Net
Find the GCD (or HCF) of numerator and denominator
GCD of 112 and 220 is 4
Divide both the numerator and denominator by the GCD
112 ÷ 4
220 ÷ 4
Reduced fraction:
28
55