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USPshnik [31]
3 years ago
15

General Importers announced that it will pay a dividend of $3.30 per share one year from today. After that, the company expects

a slowdown in its business and will not pay a dividend for the next 5 years. Then, 7 years from today, the company will begin paying an annual dividend of $1.40 forever. The required return is 10.7 percent. What is the price of the stock today?
Business
1 answer:
masha68 [24]3 years ago
3 0

Answer:

$9.40

Explanation:

First we have to calculate the future value of the stock when it starts to pay the $1.40 using the perpetuity formula:

stock price in 7 years = $1.40 / 10.7% = $13.08

Now we have to find the present value of both next year's dividend and the perpetuity:

stock price = ($3.30 / 1.107) + ($13.08 / 1.107⁷) = $2.98 + $6.42 = $9.40

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Monique's Unique Boutique sells clothing from around the world in the U.S. Monique regularly travels overseas to find the best a
Jobisdone [24]

Answer:

The correct answer is letter "B": importer.

Explanation:

Importing implies the act of buying goods from foreign countries to use them or resell them domestically. Imports take place when those goods are typically rare or scarce in the country where the goods are going to be used. Most imports include <em>technological products, raw materials, </em>and <em>clothing</em>.

4 0
3 years ago
Since the 1960s, which of the following has been a notable trend in the demographics of the multinational enterprise?
Irina-Kira [14]

Answer:

D. The growth of Mini - Multinationals

Explanation:

Mini-multinationals are companies or organisations that carry out their business in two or more countries but are still within the definition of small and medium sized organisations.

Initially before the advent of the computer and the accelerated advancement of globalisation only standardized multinationals based on large firms and corporations were able to carry out business across several countries. However, globalisation as well as the rapid advancement of information technology has made tools of business available such that even small or medium sized firms can become multinationals.

For instance, the availability of an e-market and fast delivery methods makes it possible for a local shoe seller to transact businesses across two or more countries. This is defined as a mini-multinational

8 0
3 years ago
A registered representative handling a fiduciary account must be aware of the fact that:________.
rosijanka [135]

Answer:

Investment decisions must be made in accordance with the prudent investor rule .

The Uniform Prudent Investor Act of 1994 displays the rules. Speculative positions are forbidden. Margin Trading is authorized only if allowed by beneficiary of account. Fiduciaries can charge reasonable fees for their service but may not be compensated as a share of profits.

Explanation:

3 0
3 years ago
Suppose that the hypothetical country of Andesland suffers a chronic scarcity of its staple grain, quinoa. True or False: Andesl
Makovka662 [10]

Suppose that the hypothetical country of Andesland suffers a chronic scarcity of its staple grain, quinoa.

Andesland is restrained by the resources it has to satisfy the various wants of its residents. The given statement is true.

One of the core principles of economics is scarcity. It indicates that there is a gap between the supply of an item or service and the demand for it. As a result, customers, who ultimately drive the economy, may have fewer options due to scarcity.

Given such shortages are unheard of in wealthy nations, Andesland must be a developing nation. When a country's resources are insufficient to meet all of its citizens' needs, the situation is referred to as scarcity. Even though it is less obvious in wealthy countries, scarcity still occurs.

Learn more about scarcity here brainly.com/question/3081250

#SPJ4

8 0
2 years ago
A part time landscaping made $8996.32 last year. If she claimed herself as an exemption for $3650 and had a $5700 standers deduc
Elza [17]

The answer is $0.00 Her taxable income last year is $0.00 since the exemption and deduction is more than the income she earned last year.


$8996.32 - $3650.00 (exemption) - $5700.00 (standers deduction) = -$353.68 the total deduction is over the income she earned last year,

5 0
3 years ago
Read 2 more answers
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