Answer:
24
Step-by-step explanation:
6 in 2 weeks means 3 a week so 8 times 3 = 24
8 out of the 12 tiles are blue, right? The blue tiles are 8/12 of the whole mosaic. Divide the top and bottom by 4 to get 2/3
Answer:
1st, 2nd, and 3rd models are correct
Step-by-step explanation:
Answer:
<u>The current value of Vincent's Hotel common stock is US$ 12.95, that fulfills the requirement of an investor of 17% of rate of return annually.</u>
Step-by-step explanation:
1. Let's review the information given for answering correctly the question:
Currently common stock dividend = US$ 2.20
Annual growth of the dividend for the next 2 years = 3%
Annual growth of the dividend after the next 2 years = 0%
2. What is the current value of Vincent’s Hotel common stock to an investor requiring 17% rate of return?
17% = 0.17
Current value of Vincent's Hotel common stock = 2.20/0.17
<u>Current value of Vincent's Hotel common stock = US$ 12.95</u>