1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andru [333]
3 years ago
8

where an investmenVicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacture

r. She finds that the firm’s most recent (2020) annual dividend payment was $2.50 per share. Vicky estimates that these dividends will increase at a 20% annual rate, g1, over the next 3 years (2021, 2022, and 2023) because of the introduction of a hot new boat. At the end of the 3 years (the end of 2023), she expects the firm’s mature product line to result in a slowing of the dividend growth rate to 8% per year, g2, for the foreseeable future. Vicky’s required return, rs, is 15%. Required: What is the current (end-of-2020) value of Hawaii’s common stock, P0 = P2020.t banker plays a crucial role in a public offering?
Mathematics
1 answer:
azamat3 years ago
8 0

Answer:

 

Step-by-step explanation:

present value of dividend for three years =

2.50 x 1.2 / 1.15 + 2.5 x 1.2² / 1.15² + 2.5 x 1.2³ / 1.15³

= 2.6087 + 2.722 + 2.84

= 8.17

present value of future cash flow after three years

= 2.5 x 1.2³ x 1.08 / .15 - .08

66.65

present value

= 66.65 / 1.15³ = 43.823

Total present value = 43.823 + 8.17

= 52 approx .

You might be interested in
(Geometry)
ArbitrLikvidat [17]

\textit{arc's length}\\\\s=\cfrac{\theta \pi r}{180}~~\begin{cases}r=radius\\\theta =\stackrel{degrees}{angle}\\[-0.5em]\hrulefill\\r=13.5\\\theta =120\end{cases}\implies \begin{array}{llll}s=\cfrac{(120)\pi (13.5)}{180}\implies s=9\pi \\\\\\s\approx 28.27\end{array}

7 0
2 years ago
What value will make the equation true? <br> Y + 2 + 6 + Y = 86
g100num [7]

Answer:

39

Step-by-step explanation:

you need to work backwards

86-2-6=78

therefore, 78 = 2y

y = 2y/2, so 78/2 = 39

5 0
3 years ago
Read 2 more answers
What is the equation of the line that is parallel to the given line and passes through the point (12, −2)? y = –Six-fifths x + 1
lapo4ka [179]

Answer:

y = Five-sixths x – 12

Step-by-step explanation:

In the picture attached, the given line is shown. Its slope is:

m = [6 - (-4)]/[12 - 0] = 5/6

The line that is parallel to the given line has the same slope.

A line with slope m that pass through (x1, y1) satisfies:

y - y1 = m(x - x1)

Replacing with m = 5/6 and point (12, -2):

y - (-2) = 5/6(x - 12)

y + 2 = 5/6x - 10

y = 5/6x - 10 - 2

y = 5/6x - 12

5 0
3 years ago
Read 2 more answers
Someone please help with this!!!!
choli [55]

Answer:

18. h = 14.4

19. h = 4.23

20. h = 15.28

21. h = 11.46

All answers are rounded to two decimal places.

Step-by-step explanation:

18. To find the height if you know all 3 sides. Multiply sides a & b, and divide the product by c.

x = (a * b)/c

x = (18 * 24)/30

x = 432/30

x = 72/5

x = 14.4

19. We know that the entire length of the hypotenuse is 27. However, 24 is needed here. That's 8/9 of 27, so 80 degrees is one of the angles. So we need to find the hypotenuse first. That can be done like this: b/sin(β)

24/sin(80)

24/0.98480775

24/1 * 4000000/3939231

8/1 * 4000000/1313077

32000000/1313077

24.3702388

Now to find the first leg, which will be the height of the entire triangle.

x = √c² - b²

x = √24.3702388² - 24²

x = √593.908539 - 576

x = √17.908539

x = 4.23184818

x = 4.23

20. This one requires similar work to #19, but the hypotenuse of the smaller triangle is x.

20/sin(60)

20/0.8660254

20/1 * 5000000/4330127

100000000/4330127

23.0940109

√23.0940109² - 20²

√533.333339 - 400

√133.333339

11.5470056

î The answer above is leg 2 of the smaller triangle.

x = √10² + 133.333339

x = √100 + 133.333339

x = √233.33339

x = 15.2752525

x = 15.28

21. There is no need to figure out what the height is. The entire triangle is 45-45-90.

x = (√18² + 18²) - 15

x = (√324 + 324) - 15

x = (√648) - 15

x = 25.46 - 15

x = 11.46

7 0
3 years ago
What set or sets of real numbers does -√16 belong to?
Sati [7]

Answer:

Step-by-step explanation:

Well the square root of 16 can be simplified to 4, which can be represented as a fraction: 4/1, so it's not irrational, but rather rational.

Whole numbers are similar to integers, and natural numbers, the only difference is integers includes all real numbers, which do not have a decimal value. So this includes negative numbers, zero, and positive numbers.

Whole numbers include all real numbers, which do not have a decimal value, and are greater than or equal to zero, or in other words, not negative.

Natural numbers include all real numbers, which do not have a decimal value, and are greater than zero, or in other words, positive numbers.

So this number is a integer, and rational number. (since the negative number in front of the radical)

4 0
2 years ago
Read 2 more answers
Other questions:
  • Solve for x in the diagram below
    8·1 answer
  • If one battery is 5 cm long how many batteriess would i need to get to 3 meters (need work )
    12·1 answer
  • Between which pair of numbers is the exact product of 379 and 8 ?
    5·2 answers
  • Which of the following statements best describes the relationship between a line and a point in a plane? exactly one plane conta
    13·2 answers
  • Adele is 5 years older than Timothy. In three years, Timothy will be 2/3 of Adele’s age. What is Adele’s current age?
    6·2 answers
  • Peter had 60$. He spent 24$ on food and 18$ on a t-shirt.
    9·2 answers
  • 1/3x+y=4<br> how to solve pls hlep
    10·1 answer
  • ‏Mr. Jones's prescription calls for 1.04 tablets per day. Based on this information, how many tablets should Mr. Jones take per
    13·1 answer
  • Please can somebody help me
    9·1 answer
  • Calculate the area and circumference of the circle and show work
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!