Answer:
The value of the stock = $19.64
Explanation:
According to the dividend valuation model, <em>the value of a stock is the present value of the expected future cash flows from the stock discounted at the the required rate of return.</em>
Year Workings Present value(PV)
1 $1 × (1.22) × 1.11^(-1) = 1.10
2 $1 × (1.22)^2 ×(1.11)^(-2) = 1.21
3 $1 × ((1.22)^2 × (1.05))/0.11-0.05) = 21.35 ( PV in year 2 terms)
PV (in year 0) of Year 3 dividend = 21.35 × 1.11^(-2)
= 17.33 (see notes)
<em>The value of the stock</em> = $1.10+ $1.21 + 17.3
= $19.64
Notes:
<em>Note the growth applied to year 3 dividend gives the PV in year 2 terms. So we need to re-discount again to year 0.</em>
<em />
The value of the stock = $19.64
Incubators are the centers that offer new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, and secretarial help.
Business incubators are organizations that offer a range of specialized tools and services to help new and beginning businesses throughout their early stages of growth. The basic objective of a business incubator is to create profitable businesses that can exist alone when the program is over.
Services is a broad phrase that refers to labor that sustains a firm but does not create a physical good. An essential business service that supports several other business services, including procurement, shipping, and banking, is an information technology (IT).
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The questions which would result in data that is categorical are:
- Is your job as an IT administrator stressful?
- What is your biggest source of stress?
- How has your job impacted your personal life?
- Have you ever considered switching careers because of on-the-job stress?
<h3>What is a numerical data?</h3>
A numerical data is also referred to as a quantitative data and it can be defined as a data set that is primarily expressed in numbers only. This ultimately implies that, a numerical data refers to a data set consisting of numbers rather than words.
<h3>What is a categorical data?</h3>
A categorical data can be defined as a type of statistical data that is used to group information that are having the same attributes or characteristics.
In Science, some examples of a categorical data include the following:
- Age
- Gender
- Race
- Religion
- Class
In conclusion we can infer and logically deduce that the questions above would result in data that is categorical.
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Answer:
yes
Explanation:
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