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lana [24]
3 years ago
13

Brickhouse is expected to pay a dividend of $3.65 and $2.66 over the next two years, respectively. After that, the company is ex

pected to increase its annual dividend at 3.3 percent. What is the stock price today if the required return is 12.3 percent
Business
1 answer:
vekshin13 years ago
8 0

Answer:

The stock price today is $ 29.56

Explanation:

Dividend for year 1, d₁ = $ 3.65

Dividend for year 2, d₂ = $ 2.66

Required rate = 12.3% = 0.123

Growth rate = 3.3% = 0.033

Value after year 2= (d₂ × Growth rate) ÷ (Required rate - Growth rate)

= (2.66 × 1.033) ÷ (0.123 - 0.033)

=30.5308889

Hence current price = Future dividend and value × Present value of discounting factor(rate%,time period)

= (3.65÷1.123) + (2.66÷1.123^2 ) + (30.5308889 ÷1.123^2 )

=$29.56

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when sending a claim to the insurance company for services provided by the physician why are both ICD-10 and CPT codes required
SSSSS [86.1K]

When a patient receives services from a licensed doctors, these services are recorded and assigned codes by the medical coder. ICD codes are used for diagnoses, while CPT codes are used for various treatments. The summary of these services, through these code sets, make up the bill. Medical Claim Billings are rejected when Diagnostic code (ICD-10 code) and procedure code (CPT code) are missing, not complete, or do not match to the treatment given by the physician.

8 0
3 years ago
Over a​ five-year span, the Acme Company reduced the amount of labor it hired. At the same​ time, the marginal productivity of l
White raven [17]

Answer:

D) all of the above

Explanation:

Probably the single most labor reducing factor is new technology and how it is applied within a business. Automation is probably the single most important labor reducing factor in the US over the last 30 years. This is specially for factory workers, since automation is responsible for fewer industry jobs, not China.

New technologies increase marginal returns for labor and they also have changed organizations completely.

Computers, the internet, smartphones, Amazon, etc., have changed our world. Even the military has changed, a pilot can be located inside a US base and his airplane is flying a mission in the Middle East.

8 0
3 years ago
Suppose you hold a particular investment for 7 months. You calculate that your holding period return is 8.4 percent. What is you
Leni [432]

Answer:

The annualized return is 14.82%

Explanation:

The formula for annualized return is given as Annualized return = (1+ holding return)12/n - 1

Holding return is 8.4%

n is the holding period of 7 months

Annualized return =(1+0.084)^(12/7)-1

Annualized return =14.82%

It is wrong to simply calculate annualized return as 8,4%*12/7,which means one is taking the interest to annual interest by proportional method,as this gives 14.40%, in investment every basis point counts.

The difference between the two figures is 0.42% which could translate into millions depending on the amount invested as well as the duration of investment

6 0
4 years ago
Kendra owns a sporting goods store. She is in court because of a breach of contract lawsuit against her supplier. One of the ter
Olenka [21]

<u>Answer:</u>

<em>Yes, but only to clarify the ambiguous contract terms </em>

<em></em>

<u>Explanation:</u>

Breach of contract is a legitimate reason for activity and a sort of common wrong, wherein a sound understanding of anticipated trade isn't regarded by at least one of the gatherings to the agreement by non-execution or obstruction with the other party's presentation.

A material breach is the most genuine type of break of agreement. In these cases, somebody has failed to maintain their obligations as spread out in the contract. At the point when this happens, the harmed party can seek after harms in a standard suit. In the end, when a contractual worker finishes an undertaking yet isn't paid, this is viewed as a material breach.

6 0
3 years ago
___________are funds that the bank keeps on hand that are not loaned out or invested in bonds. group of answer choices
Nadusha1986 [10]

Certificates of deposit exist as funds that the bank keeps on hand that exists not loaned out or invested in bonds.

<h3>What are certificates of deposits?</h3>

Unsecured negotiable promissory notes, or certificates of deposit (CDs), are frequently issued by commercial banks and other financial organizations.

A certificate of deposit (CD) is a type of savings account where the issuing bank pays interest in exchange for holding a specified sum of money for a predetermined length of time, such as six months, a year, or five years. You will receive the amount you initially invested plus any interest when you cash in or redeem your CD.

Bonds and certificates of deposit (CDs) are comparable but not the same. Both of these securities are fixed-income investments that the holder keeps until the due dates. Investors invest money in bonds or CDs for a predetermined amount of time, and when that time expires, they receive their money back.

To learn more about certificate of deposit refer to:

brainly.com/question/1874937

#SPJ4

5 0
2 years ago
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