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mihalych1998 [28]
3 years ago
9

Charles Berkeley, Inc. just paid an annual dividend of $3.60 per share on its stock. The dividends are expected to grow at a con

stant rate of 4.5 percent per year, indefinitely. If investors require an 11 percent return on this stock, what will the price be in 12 years? Question 2 options: A. $91.71 B. $93.62 C. $95.75 D. $98.15 E. $102.57.
Business
1 answer:
8_murik_8 [283]3 years ago
5 0

Answer:

D. $98.15

Explanation:

Price of stock formula;

Price today(P0) = \frac{D0(1+g)}{r-g}

D0= Current dividend

g = growth rate

r = required return

Price = \frac{3.60(1.045)}{0.11 -0.045}

= 3.762 /0.065

Price = 57.877

Price in 12 years (P12) = P0(1+g)

P12 = 57.877 *1.045^{12}

P12 =$98.152

Therefore, price of stock in 12 years will be $98.15

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Every night after working the swing shift, Sierra stops by the 24-Store near her house. She often buys bread, cold cuts, and Dr.
ioda

Answer:

convenience store

Explanation:

Convenience store is basically a small shop that usually works as small retail shop that keeps every item of daily use and is easily reachable.

The items kept in stock here include coffee, groceries, snack foods, mil and dairy products, stationary etc.

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1. Alejandro and Roger are working on a group project for class that requires writing a paper and designing charts to explain th
Bezzdna [24]

Answer:

Alejandro´s opportunity cost is 2/3 of a chart.

Roger´s opportunity cost is 1/2 of a chart.

Explanation:

The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.  

In this case ,  we can say that Alejandro and Roger can produce 2 product.  And if they produce one ,  they loose the possibility of producing the other.

We can Illustrate this situation with a production possibility frontiers graph and  if we increase  the quantity produced of one good,  will  decrease the other, because the limited resources.  

Alejandro produce 3 three pages of the paper in the same time it takes him to create two charts. We use cross multiplication to get  how many charts Alejandro produce at the same time he produce a single page

1___x

3___2 so x= 1x2/3

So ,  in the time he produce a single page of the essay,  he could produce 2/3 of a chart. This is the cost opportunity.

Roger can write two pages of the paper in the same time he can produce a single chart. So,  in the time he produce a single page of the essay he could make half of a chart.  

Download xlsx
3 0
3 years ago
A business may survive and prosper during the growth stage even though it has neither differentiated its offering from competito
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Answer:

B. Getting caught in the transition period without a clear strategic advantage.

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Eduardo’s new company wanted to be transparent about all their products, so he chose to market his cleaners as 30 percent toxic
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Answer:

The correct option is false.

Explanation:

Knowing the past inclination is said to exist when an individual overestimates his/her capacity of foreseeing the results of any occasion which are by difficult to be anticipated.  

For instance, an individual X anticipating the triumph of Indian group as the consequence of India-Australia cricket coordinate. In spite of the fact that the Indian group may dominate the game, yet that was not a result of the expectation of individual X's forecast.  

Here, Eduardo isn't anticipating any results, however is adhering to being honest and straightforward to his clients. Henceforth, knowing the past predisposition doesn't exist.

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