Answer and Explanation:
Given that the dividend will grow at 20% for two years and then a constant 6% at third year
1st year dividend at 20%= $3
Present value of the dividend for the first year=PV factor at 15%(from table) = $2.61
2nd year dividend at 20% = $3.60
Present value of the dividend for the second year = PV factor at 15%(from table) $2.72
3rd year dividend at 6% growth rate =
$42.40
Present value of the dividend for the third year = PV factor at 15% = $32.06
Current price of the stock =$2.61+$2.72+$32.06
=$37.39
Depends on the job I’m pretty sure
Answer:
True
Explanation:
Economic integration refers to an agreement between countries to eliminate trade barriers and coordinate their monetary policies. The integration allows to reduce trade costs, more employment opportunities as there is mobility and market expansion. Usually, this is considered a regional trading arrangement as it tends to be between neighboring countries. An example of a economic integration is the European Union. According to this, the statement is true.
I think the answer is <span>unit-elastic over this price range. This happens when a company earns the same revenue even with some slight changes on the prices. It means that slight increase or even decrease in price does not affect the revenue of the company.</span>
Answer: Maslow's hierarchy of needs
Explanation:
Maslow's hierarchy of needs is referred to as or known as a theory which was proposed by the American psychologist Abraham Maslow, that tends to put forth the notion/idea that individuals are usually/mostly motivated by the following five categories of need, i.e. safety, physiological, esteem, love, and also self-actualization.
