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scoray [572]
3 years ago
10

3. The last dividend paid by New Technologies was an annual dividend of $1.40 a share. Dividends for the next 3 years will be in

creased at an annual rate of 8 percent. After that, dividends are expected to increase by 3 percent each year. The discount rate is 16 percent. What is the current value of this stock
Business
1 answer:
Nookie1986 [14]3 years ago
7 0

Answer:

$12.60

Explanation:

The computation of the current value of the stock is shown below:-

= $1.40 × (1.08) ÷ 1.16 + 1.40 × (1.08)^2 ÷ (1.16)^2 + 1.40 × (1.08)^3 ÷ (1.16)^3 + 1.40 × (1.08)^3 × (1.03) ÷ (0.16 - 0.03) × (1.16)^3

= $1.3034 + $1.2136 + $1.1299 + $8.9520

= $12.60

Therefore for computing the current value of stock we simply solved the above equation.

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Katie Simpson: Do you have time to meet this afternoon? Carl Mendoza: Sure. What’s up? Katie Simpson: We need to finalize the Ba
Ksenya-84 [330]

Answer:

Yes

Explanation:

Based on the given details of the conversation that transpired between Katie Simpson and Carl Mendoza we can vividly say that  the preceding IM transcript apply professional best practices reason been that Katie Simpson who is the caller went straight to point  to the main reason why she called the receiver which is Carl Mendoza, And during the course of the preceding TRANSCRIPT the proper use of grammers and words , spelling, full stop, exclamation mark and question mark were on point and  accurate.

6 0
3 years ago
Consider the two countries of Swala and Atlantis. Swala is a major producer of wheat and rice while Atlantis specializes in the
Ivenika [448]
I think the answer is C
7 0
2 years ago
During the course of your examination of the financial statements of Trojan Corporation for the year ended December 31, 2018, yo
siniylev [52]

Answer:

$76,440

Explanation:

Calculation to determine the proper amount of net income as of December 31, 2018

Net income $87,000

Less Adjusted for insurance ($4,050)

($16,200*3/12)

Less Adjusted for deferred income ($2,700)

Less Adjusted for supplies ($2,100)

Less Adjusted for interest ($1,710)

($57,000*9%*4/12)

Net income (Adjusted) $76,440

Therefore The the proper amount of net income as of December 31, 2018 will be $76,440

4 0
3 years ago
When harvesting a venture, the outright purchase of the going concern by managers, employees, or external buyers is known as goi
timama [110]

Answer:

In simple words, Harvesting seems to be the tool used by traders and investors to get out of business and, preferably, to recover the interest of their investments in the company. It's about more than trying to sell and having to leave a company. It includes collecting interest, risk reduction, and developing opportunities for the future.

Whenever a marketing plan includes a harvest tactic, investment firms and borrowers are convinced that the proprietors aim to establish the market and start selling it to either international shareholders or go to another corporation.

5 0
3 years ago
The listing and selling brokers agree to split a 7% commission fifty-fifty on a $387,600 sale. The listing broker gives the list
Alexeev081 [22]

Answer:

4,748.1

Explanation:

the commission will be obtain by multiplying the commison fee rate by thje alue of the real state:

sales x commision fee

387,600 x 7% = 27,132‬

Now this is split 50%

27,132 / 2 = 13,566‬

We now thatthe selling broker gives 35% of his commision

sales fee:

65% salesperson

35% selling person

So the selling licensee will earn:

13,566/0.35 = 4,748.1

6 0
3 years ago
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