Answer:
The current share price is $71.05
Explanation:
P3 = D3(1 + g)/(R – g)
= D0[(1 + g1)^3](1 + g2)/(R – g)
= [$1.45*(1.20)^3(1.08)]/(0.11 – 0.08)
= $90.20
The price of the stock today is the PV of the first three dividends, plus the PV of the Year 3 stock price given by:
P0 = $1.45(1.20)/1.11 + $1.45[(1.20)^2]/1.112 + $1.45[(1.20)^3]/1.113 + $90.20/1.113
= 1.568 + 1.695 + 1.832 + 65.958
= $71.05
Therefore, The current share price is $71.05
Answer:
A. 2 books and 20 pencils
Explanation:
2 x5$= 10$
20x 0.50$= 10$
10$+10$=20$
Answer:
The amount of tax on a case of Cola is ;
= Selling price - Producer gain
= 6 - 2
= $4
The burden that falls on consumers is;
= Current selling price - Previous selling price
= 6 - 5
= $1
The burden that falls on the producers is;
= Selling price less consumer tax - Producer gain
= 5 - 2
= $3
The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers. <u>FALSE. </u>
Whether the tax is on the producer or on the consumer makes no difference because the quantity sold will be the same. The statement is therefore false.
Answer:
procedure
Explanation:
According to my research on different human resource responsibilities, I can say that based on the information provided within the question there is a procedure that Henry must follow. Like described in the question a Procedure is a set of step by step instructions that must be followed accordingly in order to achieve a certain goal.
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<span>This statement is true as in the old times, the North ans South were proslavery because they feel that they will be liberated from the "low, menial" jobs like factory labor and domestic service performed by wage laborers in the north. It was the only plausible explanation for the North by guaranteeing equality for whites. Also, they believed that without slavery, the whites would never achieve their civilized pursuit due to these menial jobs.</span>
