Answer:
The required rate of return is 7.20%
Explanation:
The price of a share that pays a particular dividend amount in perpetuity is given by the below formula:
price of share=dividend/required rate of return
price of share is $91.00 per share
dividend payable in perpetuity is $6.55
required rate of return is unknown
$91=$6.55/required rate of return
required rate of return =$6.55/$91
=7.20%
to confirm the required of return,I divided the by the required rate of return as shown below:
6.55/0.0.72=$90.97 .approximately $91
That is a way to validate the computed required rate of return
Answer: d. survey data from the local community.
Explanation:
In deciding the case the Judge there are methods to use such as cases from other jurisdictions ( as this is a case of first impression), the values of their society and its customs, as well as Public policy.
One thing that should not be used in survey data from the local community. People will always have opinions on a matter of law and a lot of the time this is based on what they feel not what is legal. This is why juries do not just and sentences down immediately, they wait until they have been presented with legal arguments so they may be wiser legally.
Survey data has a very high chance of being devoid of this knowledge and also will be biased. It is best the Judge avoids such.
The government website in which it is listed that the aforementioned names were employees is the <u>USPS</u>.
The United States Postal Service:
- Employed Walt Disney as a postal carrier in 1918
- Employed Bing Crosby as a post office counter
- Employed Charles Lindbergh as an airmail pilot
The USPS website can therefore confidently claim that at some point or the other, all three names mentioned above used to work for them.
In conclusion, the correct answer is the USPS.
<em>Find out more about the </em><em>USPS </em><em>at brainly.com/question/910319. </em>
