Answer:
P₀ = $59.45
Explanation:
the numbers are missing so I looked for a similar question:
- expected EPS = $2.775
- retain 0% of earnings (years 1 - 2)
- retain 48% of earnings (years 3 - 4)
- then retain 23%
- expected return on new projects = 22.4%
- Re = 10.7%
growth rate = retention rate x return on new projects
g₁ = not given EPS₁ = $2.775
g₂ = 1 x 22.4% = 22.4% EPS₂ = $3.3966
g₃ = 1 x 22.4% = 22.4% EPS₃ = $4.1574
g₄ = 0.48 x 22.4% = 10.752% EPS₄ = $4.6044
g₅ = 0.48 x 22.4% = 10.752% EPS₅ = $5.0995
g₆ = 0.23 x 22.4% = 5.152% EPS₆ = $5.3622
dividend payout ratio expected dividend
year 1 = 0 $0
year 2 = 0 $0
year 3 = 0.52 $2.1618
year 4 = 0.52 $2.3943
year 5 = 0.77 $3.9266
year 6 = 0.77 $4.1289
since the growth rate became constant at year 6, we can find the terminal value for year 5:
terminal value year 5 = $4.1289 / (10.7 - 5.152%) = $74.4214
P₀ = $0/1.07 + $0/1.07² + $2.1618/1.07³ + $2.3943/1.07⁴ + $3.9266/1.07⁵ + $74.4214/1.07⁵ = $0 + $0 + $1.7647 + $1.8266 + $2.7996 + $53.0614 = $59.45
I think the answer is c because u make 500 thousand a year
Answer:
a. The actual unemployment rate was higher during the recession of 1990-1991, but cyclical unemployment was higher in 2001.
Explanation:
Unemployment is defined as the number of people in a population that are willing to work and seeking for jobs but do not have employment.
Natural unemployment is defined as the normal process of leaving jobs and getting jobs in a situation when there is full employment.
Cyclical unemployment is created by recessions and booms.
Actual unemployment = Natural rate + Cyclical rate
Cyclical unemployment= Actual rate - Natural rate
In the first economy
Cyclical rate = 7 - 5.9= 1.1%
In the second economy
Cyclical rate= 6 - 4.8= 1.2%
So actual unemployment was 7% in 1990-1991 while in 2001 it was 6%
Cyclical unemployment was 1.1% in 1990-1991, while cyclical unemployment was 1.2%
Answer:
Letter B. real income and employment.
Explanation:
Economic cycles describe the fluctuations that occur in income and employment in the economic system. This cycle may be one of expansion, a lasting movement of real income and employment growth, or it may be of recession, where the economic economy presents a significant and widespread decline in real income and employment. For example, the 2008 crisis has caused recession in many countries, leading to a fall in real income and employment.
Answer:
False
Explanation:
Many of the responsibilities associated with working in a professional sport organization is similar to the responsibilities found in collegiate athletic administrations
Collegiate athletic administration is a body that regulates student athletes from North American it generally covers unprofessional and university level competitive games and it is non-profit . while professional sport organizations have vast responsibilities that are applicable to collegiate athletic administration
