Answer:
price = $151.43
Step-by-step explanation:
Given data:
dividend = $3.5M
Growth percentage = 7.3% per year
Number of share is 800,000
Price for stock can be calculated as
here,
Ke = 10.4%
g = 7.3%
dividend per share = $4.375 PER SHARE
So we have
price = $151.43
John bought 18 erasers.
Explanation: He has $6.00
He spends $3.12 on notebooks
Then you do $6.00 - $3.12 and you get $2.88
If it’s ¢16 per eraser and he has no money left over after buying erasers than you would divide $2.88 by $0.16 which turns into 288 divided by 16 which comes out to 18.
Therefor John bought 18 erasers.
6x^2-7x+2
(2x-1)(3x-2)
2x-1=0 3x-2=0
-1 -1 -2 -2
---------- -----------
2x = -1 3x = -2
/2 /2 /3 /3
---------- ------------
x = -1/2 x = -2/3