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Goshia [24]
3 years ago
11

The Red Bud Co. pays a constant dividend of $2.40 a share. The company announced today that it will continue to do this for anot

her 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 8.0 percent
Business
1 answer:
ElenaW [278]3 years ago
5 0

Answer:

$4.44

Explanation:

P0 = $2.40 / 1.08+ $2.40 / 1.08 = $4. 44

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The following questions practice these skills:
Nostrana [21]

Answer:

a. If all 307 registered fishermen were to be employed by hotels (in addition to the 3,409 people already working in hotels), how many hotel stays could Bermuda produce?

since the opportunity cost is constant, then if all 307 fishermen decided to become hotel workers, then the total number of hotel stays would be (286 tons of fish x 2,000 stays per ton) + 538,000 stays = 1,110,000 stays

b. If all 3,409 hotel employees were to become fishermen (in addition to the 307 fishermen already working in the fishing industry), how many metric tons of fish could Bermuda produce?

total number of fish caught = (538,000 stays / 2,000 tons per stay) + 286 tons of fish = 555 tons of fish caught

c. attached graph                          

4 0
3 years ago
The power of a labor union weakens when the company introduces technologies that replace the need for the union's members. techn
icang [17]

Technology is a substitute for employees

6 0
2 years ago
When you take your first job, you decide to start saving right away for your retirement. You put $5,000 per year into a saving p
mafiozo [28]

Answer:

FV= $857,840.94

Explanation:

Giving the following information:

First investment:

Annual deposit= $5,000 per year

Interest rate= 10%

Number of years= 5

Second investment:

Number of years= 35

Interest rate= 10%

Lumpsum= first investment

First, we need to calculate the future value of the first investment. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,000*[(1.1^5) - 1]} / 0.10

FV= $30,525.5

Now, the future value of the second investment.

FV= PV*(1+i)^n

FV= 30,525.5*(1.1^35)

FV= $857,840.94

7 0
3 years ago
A list of sources that is used for in-text citations that usually appears at the end of the document is called
beks73 [17]

Answer:

This is called an editors reference.

Explanation:

They typically appear in research papers on any documents that come from websites or 3rd party that can be credited.

3 0
2 years ago
Todd Enterprises is preparing a cash budget for the second quarter of the coming year. The following data have been forecasted:
Fudgin [204]

Answer:

The answer is attached for ready reference

Explanation:

Please note no effect for depreciation is taken as it is non cash item.

The may ending balance is having a surplus of $103,300              

Download xlsx
8 0
3 years ago
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