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trasher [3.6K]
3 years ago
8

If a payment is directly deducted from your account, which type of card are you using?

Business
1 answer:
Mekhanik [1.2K]3 years ago
8 0
This is a debit card

It's a simple card where you just use it to pay with money directly from your account. If you don't have money on your account, you can't pay. There's no credits or anything similar.
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3 0
4 years ago
SCI just paid a dividend (D₀) of $1.92 per share, and its annual dividend is expected to grow at a constant rate (g) of 4.00% pe
Readme [11.4K]

Answer:

intrinsic value of SCI’s shares is $33.28 per share

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given data

dividend (D₀) = $1.92 per share

constant rate (g) = 4.00% per year

required return (rs ) = 10.00%

to find out

intrinsic value of SCI’s shares

solution

we know that intrinsic value is here express as

intrinsic value = current dividend × ( 1+ growth rate ) ÷ ( required rate - growth rate )    .............................1

put here value we get

intrinsic value = \frac{1.92*(1+0.04)}{0.10-0.04}

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so intrinsic value of SCI’s shares is $33.28 per share

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