Answer: d. Reference group
A reference group refers to a group of people who are used as yardsticks by individuals for their own self assessment. The self assessment is made with respect to attitudes, behaviour, tastes, beliefs, preferences or values.
When the cast of a show appeared in a TV ad feature for purposes, the cast became a reference group for the purse and the fans quickly purchased the purse, resulting in higher sales.
Answer:
the correct answer is
A. Interest Income and Interest Expense
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Answer:
Pegged exchange rate system
Explanation:
In the pegged exchange rate system, a country ties its currency exchange price to that of a more widely used currency at a fixed rate. The US dollar is the most accepted currency for international trade. Countries that use the fixed exchange system peg their currency price to the US dollar. The government will set a fix the exchange rate of its currency relative to the US dollar value.
A pegged exchange rate is also known as a fixed exchange rate. A pegged or fixed exchange rate keeps the currency value within a narrow range. It gives certainty to exporters and importers and helps the government to keep inflation low.
Answer:
A share of this stock be worth$ 21.88 four years from now
Explanation:
Amount of annual dividend that will be paid the next year = $ 2.05
increase in dividend by 3.5% = = increase by a factor of 1.035
Since there is a 14% return, overall increase in dividend = = 9.857
<em>Note:</em>
<em>0.035 was obtained from </em><em>= 0.035 (dividend increase)</em>
<em>0.14 was obtained from </em><em> = 0.14 (percentage return required)</em>
over the next 20 years his new value of dividend will be
New value of dividend = $2.05 + 9.857 = 11.907
Converting to a percentage,
= 1.1907
Net dividend increase =
Dividend returns minus increase in dividend for 20 years is given as
14% - 3.5% = 10.5%
From the above, the
Worth of a share of his stock 4 years from now can be computed by
(dividend X Percentage increase in 20 years)/ net percent dividend increase + (increase in 4 years/ net dividend increase) X 100
+ × 100 =$21.88
∴ A share of this stock be worth$ 21.88 four years from now