Answer:
Incase of any emergency like an accident 5hey can support you
Answer:
The price of the stock one year from today is $37.45
Explanation:
The expected dividend that is the dividend for the next period of D1 is given as 2.8. To calculate the value of the stock one year from now, we need to use D2 in our calculations.
The formula to find the price of a stock that has a constant dividend growth is,
P0 = D0 * (1+g) / r - g
This is to calculate the pricce of the stock today. To calculate the price of the stock one year from today, we need to use D2 in our calculations.
Where, D2 = D1 * (1+g)
Thus, the price of the stock one year from today or P1 is
P1 = 2.8 * (1+0.07) / 0.15 - 0.07 = $37.45
Answer:
letter A
Explanation:
<em>I </em><em>HOPE </em><em>IT'S </em><em>HELP </em><em>YOU </em>
Answer:
Compound interest will lead to a larger sum of money than a comparable simple interest payment.
Explanation:
The true statement is that compound interest will lead to a larger sum of money than a comparable simple interest payment because the interest are compounded for a certain number of times such as daily, weekly, quarterly or annually while simple interest isn't compounded at all.
To find the future value, we use the compound interest formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
Mathematically, simple interest is calculated using this formula;
Where;
S.I is simple interest.
P is the principal.
R is the interest rate.
T is the time.
Complete Question:
The first two files attached contain the complete question
Answer:
Other file shows a step by step solution as follows
answer 1
answer2 etc