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Licemer1 [7]
3 years ago
12

The northern rock building society (LSE:NRK) just paid an annual dividend of $0.8 per share. NRK's dividends are anticipated to

maintain a six percent growth rate indefinitely. Next year dividend will reach $0.848. If the stock currently sells for $93.28 per share, what is the cost of common equity or required return on the stock
Business
1 answer:
Gnesinka [82]3 years ago
5 0
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Lauren hires Humphrey, a CPA, to audit her financial statements. The engagement letter includes a statement acknowledging that a
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Answer:

it was a foreseen party

Explanation:

Key Largo bank would most likely sue Humphrey on the ground that it was a foreseen party. This is because Humphrey(CPA) being an auditor, knew that the audited financial statements are required for a filing with the regulatory body. Moreover, the auditing firm- Humphrey knew about the specific purpose of the audit report including the fact that his or her opinion(report) will will relied upon by other parties hence a foreseen third party for the auditor.

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3 0
3 years ago
Pastore Inc. granted options for 1 million shares of its $1 par common stock at the beginning of the current year. The exercise
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$7,000,000

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Therefore What would be the total compensation indicated by these options is $7,000,000

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The Global economy a. is trend that is fading quickly b.has only positive effects for United State c. has eliminated some jobs i
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