Answer:
The present value of dividend to be paid at the end of year 1, year 2, and year 3 are $2.60, $2.95, and $2.84 respectively.
Explanation:
The end of the year dividend is $3 per share.
The dividend growth rate is 20%.
The discount rate is 15%.
PV of dividend to be paid at the end of year 1
= 
= 
= 
=$2.60
PV of dividend to be paid at the end of year 2
=
=
=
=$2.72
PV of dividend to be paid at the end of year 3
=
=
=
=$2.84
Corporate governance is the system of company oversight designed to ensure that the interests of owners and other stakeholders are protected.
<h3>What is
Corporate governance?</h3>
Corporate governance can be described as the system whereby a companies are been directed and controlled.
It should be noted that the Boards of directors are responsible for the governance of their companies, however the shareholders' role that can be associated to this governance help to appoint the directors and the auditors .
Hence,Corporate governance is the system of company oversight designed to ensure that the interests of owners and other stakeholders are protected.
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Answer:
True
Explanation:
Bring your own device policy is is a policy whereby companies allow employees to use their laptops, smart phones, tablets and the likes for official purposes. It is mostly used by small scale firm who can't afford to get all of these gadgets for their workers. Separating of private data and business data included in the acceptance component will help to maintain confidentiality of company's files that are on the employee's device.
Answer:
a. October 4th
b. November 15th 2019
c. November 14th 2019.
d. December 13th, 2019 (Note: This is assumed based on the explanation below as it is not specifically stated in the question).
Explanation:
a. What date is the declaration date?
The declaration date is the date the announcement to pay the next dividend is made by the board of directors of a company. In this case, the declaration date is October 4th, 2019.
b. What date is the holder of record date?
The holder of record date refers to the cut-off date set by a company to ascertain the eligible shareholders that will receive the next dividend payment. In this case, the holder of record date is November 15th 2019.
c. What date is the ex-dividend date?
The ex-dividend date refers to date that a seller of stock is still eligible to receive dividend despite that the stock has already been sold to a by him. This is because it is the person that hold the security on the ex dividend date that will receive the dividend payment not the holder on the payment date. Generally, ex-dividend date is usually one business day before the record date. In this case,he ex-dividend date is November 14th 2019.
d. What date is the payment date?
The payment date refers to the actual day that eligible shareholders are paid the declared dividend by the company. It is usually a few weeks or month after the ex-dividend date. If we assumed to be a month, the payment date would be December 13th, 2019.
When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.
<h3>What is the significance of country of origin principle?</h3>
The country of origin principle is an important feature of leading parts of Union law. It is also known as<u> home country control, </u><u>country</u><u> of </u><u>origin</u><u> rule</u>, and <u>country of </u><u>origin</u><u> </u><u>principle</u><u>.</u>
The country of origin principle mainly aims to ensure the effective protection of the public interest in the country of origin.
Basically, the country of origin principle has the main purpose to vest exclusive jurisdiction to regulate in one Member State only.
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