It is known as improvisation.
Answer:
The amount of the last annual dividend paid is <u>$4.3</u>.
Explanation:
Given:
The common stock of Zeta Group sells for $42 per share, has a rate of return of 12.2 percent, and a dividend growth rate of 1.8 percent annually.
Now, to find the amount of last annual dividend paid.
Let the amount of last annual dividend paid be 
Price of per share (
) = 
Rate of return (
) = 
Rate of dividend growth (
) = 
Now, to get the amount of last dividend paid we put formula:




<em>Multiplying both sides by 0.104 we get:</em>
<em />
<em />
<em>Dividing both sides by 1.018 we get:</em>


Therefore, the amount of the last annual dividend paid is $4.3.
Answer:
Marie est allee chez le medecin
Answer:
The correct answer is letter "D": smaller, community banks.
Explanation:
The Great Recession is the economic fall that occurred between 2007 and 2009 as a result of the housing bubble burst in the U.S. During this period many well-known firms such as <em>Chrysler, General Motors, </em>and <em>Lehman Brothers</em> filed for bankruptcy. However, not all the business experienced a downturn.
A study conducted by the <em>Federal Reserve Bank of St. Louis</em> (2013) indicates that 417 <em>banks and thrift institutions</em> failed between 2006 and 2011 but 702 <em>small community banks</em> reported total assets of around $10 billion by allowing individuals to benefit from loans. Banks and thrift institutions were too conservative in loans during the Great Recession which was interpreted in lower revenues.
Answer:
$1,051,780
Explanation:
The computation of the liability for unredeemed coupons is shown below:
= (Number of coupons issued × estimated percentage - processed coupons) × coupon worth
= (728,000 coupons × 70% - 265,000 coupons) × $4.30
= 244,600 coupons × $4.30
= $1,051,780
Simply first we determined the number of unredeemed coupons and then multiplied it by the coupon worth