Answer:
a.
P0 = 3.4 * (1+0.05) / (0.08 - 0.05)
P0 = $119
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g) / (r - g)
Where,
- r is the required rate of return
a.
P0 = 3.4 * (1+0.05) / (0.08 - 0.05)
P0 = $119
Answer: For absolute purchasing power to hold, the products must be identical in all markets.
Explanation:
Purchasing power parity (PPP) measures the prices in different sectors using a particular product to differentiate the absolute purchasing power that exists between currencies. Purchasing power parity produces an inflation rate which equals the price of the basket of products at a location divided by the price of basket of products at a different location. In PPP, the products compared must be identical.
Purchasing power parity (PPP) is a theoretical rate of exchange that allows an individual to buy the same quantity of goods and services in all countries. According to purchasing power parity, two currencies are in equilibrium when a basket of goods has the same price in two countries, with the exchange rates taken into account.
Answer:
A painter hired to paint your home.
Explanation:
Delegation of contractual duty occurs when the individual that is supposed to perform a task transfers the responsibility of performing the task to another person.
For example if someone is supposed to paint a house but he has other engagements. He can delegate to another painter to perform the painting.
Delegation does not transfer contractual rights as the original person still collects payment for performance of the task.
Usually delegation can occur for tasks that do not require special skill and can be performed by anyone.
In the other scenarios special skill is required so delegation will not be usually allowed.
<span>Under Georgia Code, Title 40-9-1, a person who has an unsatisfied judgment against them will have their driver's license suspended indefinitely unless the financial obligations are paid and the judgment is satisfied by the court.</span>
Answer:
c.10
Explanation:
We have 68 students, 3 of them are registered in three classes, so (68-3 =65), 65 students are registered in one or two classes.
Additionally, we know that:
- 25 students are registered for History.
- 25 students are registered for Math
- 34 students are registered for English
If we want to know only the registrations of students that are registered for one or two classes, we should substract 3 in every class (the three students that ar registered for the three classes)
So, now we have:
- 22 students registered for History.
- 22 students registered for Math
- 31 students registered for English
Total registrations for stdents registered in one or two clases: 22+22+31= 75
75 registrations of 65 students
So 75-65=10 .. There are 10 students registered for 2 classes.
