Answer: 6.42%
Explanation:
To calculate this, we use the formula for the Dividend Discount Model/ Gordon Growth Formula as follows:
P = D1/(r - g)
Where,
P = current stock price
D1 = Next dividend
r = required return
g = growth rate
We can make r the subject of the equation by,
P = D1/(r - g)
P(r - g) = D1
r - g = D1/P
r = D1/P + g
Calculating therefore we have,
r = 2.65/43.15 + 0.045
= 0.06417728852
= 6.42%
6.42% is the required return.
If you need any clarification do comment.
Answer:
training and development specialist
Explanation:
From the question we are informed about Ruby who enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like to use in her future career. In this case the career that would be the best fit for her based on her skills is training and development specialist.
Training and development specialists can be regarded as a profession that provide help in administering, creating and delivering of training programs for organization as well as Businesses. They do this through group discussions and lecturing and also team exercise.
Answer: PMI will automatically be dropped when the balance reaches $117,000.
Explanation: PMI stands for private mortgage insurance. This is an insurance policy that banks often require lenders to have when they do not have a 20% down payment on a new home.
PMI is automatically dropped with the amount of the mortgage due is reduced to 78% of the original appraised value of the home. In this case, the home was originally purchased for $150,000. 78% x 150,000 = $117,000. When the loan reaches $117,000 the pmi will automatically be dropped.
Answer:
This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability
Explanation:
This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.
Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.
Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.
<span>They range from $30 to $750 a year. Investor services assist people with transactions, safekeeping for assets, manage collateral, and help with financial investment activities. These services can help a person or business reduce the costs that they are paying out and assess their financial risks.</span>
