Answer:
$28.18
Explanation:
Use dividend discount model to answer this question.
Current dividend ; D0 = 3.40
growth rate; g = 2.2% or 0.022 as a decimal
D1 = D0(1+g)
D1 = 3.40(1.022)
D1 = 3.4748
Since you are buying the stock next year, calculate dividend at year 2 which you would use in the formula to find next year's price (P1) ;
D2 = D1(1+g)
D2 = 3.4748 (1.022)
D2 = 3.5512
Next year's price; P1 = D2 / (r-g)
P1 = 3.5512 / (0.148 - 0.022)
P1 = 28.1841
Therefore, you will pay $28.18
An affair is one. hope this helps!!
Answer:
Unemployment rate= 0.13= 13%
Explanation:
Giving the following information:
Of these 95 individuals, 75 are in the labor force and 65 are employed.
<u>To calculate the unemployment rate, we need to use the following formula:</u>
<u></u>
Unemployment rate= unmeployed population / labor force
Unemployment rate= 10/75
Unemployment rate= 0.13
Answer:
The minerals and precious stones would be part of the current account, which is one of the three components of the balance of payments, the other two being the capital account and the financial account.
Explanation:
The current account includes income transfers, current transfers, the balance in the trade of services, and the balance in the trade of goods. The export value of minerals and precious stones would more specifically be in the balance of the trade of goods, simply because minerals and precious stones are classified as economic goods.
First, we need to calculate for the total return of the project by multiplying 4,930 by 65. Doing so will give us an answer of $320,450. Then, we calculate the rate of return as shown below.
rate of return = ($320,450 / $238,400) x 100%
= 134.42%
Thus, the rate of return of the said project is approximately 134.42%.
