Answer:
$58.70
Explanation:
The computation of the current share price is shown below:
But before that we need to find out the value after year 4 which is shown below:
Value after year 4 is
= (D4 × Growth rate) ÷ (Required return - Growth rate)
= (2.75 × 1.05) ÷ (0.1075 - 0.05)
= $50.2173913
Now current share price is
= Future dividends × Present value of discounting factor(10.75%,time period)
= $13 ÷ 1.1075 + $9 ÷ 1.1075^2 + $6 ÷ 1.1075^3 + $2.75 ÷ 1.1075^4 + $50.2173913 ÷ 1.1075^4
= $58.70
Question Completion:
A. if college administrators raised the tuition with no change in supply, a surplus of college places would be created at the higher tuition, and the tuition would start to fall
B. the law of demand does not hold
C. more than 4,500 public and private 2-year and 4-year schools supply college education services
D. an increase in demand raises the tuition and increases the enrollment, which accurately describes the market for college education
Answer:
We can be confident that the market for college education is competitive and that an increase in demand rather than the greed of college administrators is the reason for the ongoing rise in tuition for all of the following reasons except _______.
B. the law of demand does not hold
Explanation:
The law of demand implies that the price of a good or service responds to the level of demand. In other words, higher demand increases the price, while lower demand reduces the price. This implies that without the higher demand for college education, college administrators will not be able to sustain an increase in tuition. Therefore, an increase in the demand for college education will lead to increased enrollment, which spurs college administrators to raise tuition.
Answer:
Concept of business closure
Explanation:
Business Closure means shutting down a business, or going out of business. It is an action taken when a business or organization does not see any reason to continue operating. Business closure can be because of insufficient funds to continue operation, Death of the business owner, bankruptcy, or the business has been bought by another organization.
Answer:
Explanation:
A Commercial general liability (CGL) refers to a type of insurance policy which covers an individual working for the company from any injury or property damage that they may incur while on the business' premises. Therefore based on the information in this scenario it is likely that the company will not respond to the director's injuries sustained because they happened during an athletic event.
Answer: A company maintains a website that provides information about its products and that provides an address or number that a customer can contact to obtain an order form to purchase products directly from the company.
Explanation:
With different states having varying laws but yet still sharing a lot of business interests, it is important that the states know when they can have jurisdiction over a person.
Minimum contacts is the solution and is used to determine whether an entity has sufficient contacts in a state to warrant jurisdiction over them.
Simply having a website that can be accessed by people in a state does not fall under the provisions required for minimum contact to be met so the courts in this state cannot have personal jurisdiction over this company.