Answer:
$20.84
Step-by-step explanation:
div 1 = $0.50
div 2 = $0.50
div 3 = $0.50 x 1.05 = $0.525
div 4 = $0.525 x 1.05 = $0.55125
years 5 and beyond we need to use the growing perpetuity formula:
stock price = [div 4 x (1 + g)] / (r - g) = ($0.55125 x 1.1) / (12% - 10%) = $30.32
now to determine the current value of the stocks we must calculate the present value of the future dividends and stock price:
stock price = $0.50/1.12 + $0.50/1.12² + $0.525/1.12³ + $0.55125/1.12⁴ + $30.32/1.12⁴ = $0.45 + $0.40 + $0.37 + $0.35 + $19.27 = $20.84
Answer:
520 Grams EASY
Step-by-step explanation:
Answer:
a) the first negative number will be -1
b) A, B and C
c) 0.3
Step-by-step explanation:
Answer:
option d is correct none of the above
Answer:
Width = 66 inches
Step-by-step explanation:
Zelda has 300 inch roll of binding for a quilt.
The length must be 84 inches
We need to find its width. Let it is b.
Let us assume that the quilt is in the shape of rectangle. The perimeter of the rectangle is given by :
P = 2(l+b)
300 = 2(84+b)
150 = 84+b
b = 150-84
b = 66 inches
So, the required width is 66 inches.