The estimate of the price of Royal Ranch House stock at the end of the fifth year will be $23.45.
- Current price of the common stock = $18.11
- Growth rate = 5.30%
- Time = 5 years.
Therefore, the estimate the price of Royal Ranch House stock by the fifth year will be:
= Current price × (1 + 5.30%)⁵
= $18.11 × (1 + 0.053)⁵
= $23.45
Therefore, the correct option is $23.45.
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Answer: B) GNMAs are considered to be the riskiest of the agency issues
Explanation:
The Government National Mortgage Association (GNMA) or <em>Ginnie Mae</em> as they are popularly known, are a Federal agency that guarantee the payment of interest and principal on securities by lenders that are approved by the Agency.
As a result, these securities are backed, like Treasury Bills, by the full faith and credit of the United States Government which means that they are the safest of Agency issues.
Limited Partnership and general partnership
Healthy living and exercise were very important in the ancient civilization known as ancient Greece.
The other countries were hedonists, they enjoyed life and food very much.
Answer:
High
Explanation:
because the change of volume profit is always increase.