Answer:
10.92%
Explanation:
The formula and the computation of the estimated cost of equity capital is shown below:
Stock price = Next year dividend ÷ (cost of equity - expected dividend growth rate)
We assume the cost of equity be X
$34 = $3.10 ÷ (cost of equity - 1.8%)
$34 X - $34 × 1.8X = $3.10
After solving this,
The cost of equity would be 10.92%
Answer:
The more you invest and the earlier you start means your retirement savings will have that much more time and potential to grow, compound earnings may be the result of investing earlier and continuing to invest.
Explanation:
Date - Account Title - Debit - Credit
Feb 13
Cash - $10,975 -
Sales - - $10,000
Sales Tax Payable - - $975
What is a Drop-down menu?
A drop-down list (abbreviated drop-down, or DDL; also known as a drop-down menu, drop menu, pull-down list, picklist) is a graphical control element, similar to a list box, that allows the user to choose one value from a list.
When a drop-down list is inactive, it displays a single value. When activated, it displays (drops down) a list of values, from which the user may select one.
When the user selects a new value, the control reverts to its inactive state, displaying the selected value. It is often used in the design of graphical user interfaces, including web design.
To learn more about Drop-down menu: brainly.com/question/17116743
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The statement "<span>Independent risks can be diversified by holding a large number of uncorrelated assets with independent risks." is true.
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Answer:
Money in 31 years will be = $1,648,641.73
<u>Explanation:</u>
As per the given data:
Inherit Money (PV) = $114,000
Interest rate (i) = 9% p.a (Compounding is done annually as said in the question)
Holding period (n) = 31 years.
Money to have in is the Future value (FV) =?
We can use following time value formula to calculate the future value -
FV = PV * (1 + i) ^ n
putting the values
:
FV = 114,000 * (1 + 0.09) ^ 31
FV = 114,000 * (14.461769531353)
Thus,
Future Value is = $1,648,641.73
