The company's cost of equity is 9.45%
Given that
Annual dividend paid, D0 = $2.35
Dividend growth rate, g = 3.15% = 0.0315
Current stock price per share = $38.44
Now,
Current price of share = D1 ÷ (r - g) -(1)
Here,
r is the required rate of return
D1 = dividend at year 1 = D0 × (1 + g)
= $2.35 × (1 + 0.0315)
= $2.424045
Therefore, from (1) we get
$38.44 = $2.424045 ÷ (r - 0.022)
(r - 0.0315) = 0.063060
r = 0.063060 + 0.0315
r = 0.09456
r = 0.0945 × 100% = 9.45%
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The correct answer is B) Keep information confidential except when disclosure is authorized or legally required.
The item that is an indication of integrity under the Standards of Ethical Conduct is "Keep information confidential except when disclosure is authorized or legally required."
All serious companies have to has their code of ethics. One of the most important indicators that this code is being followed is that the company keeps all the information of a client, confidential. The client deposits its information in the company's hands, knowing that the company is responsible for the way it uses only for the determined purposes established in the contract or agreement. This promise only can be broken when a legal authority requires disclosure.
The asnwer to this question is <span>kinesthesia
</span>kinesthesia refers to the concious movement of <span>the parts of the body by means of sensory organs in the muscles and joints area.
In specific type of sport such is cycling, this movement focused on the joint and muscle positioning that is done in order to leverage enough force to turn the wheel.</span>
A binding price floor on engines sold to a major customer.
<h3>What is
customer?</h3>
A client is the recipient of a good, service, product, or idea gained from a seller, vendor, or supplier through a financial transaction or exchange for money or some other valuable consideration.
A client is defined as someone who purchases goods or services from a store, restaurant, or other retail seller. A customer is someone who goes to an electronics store and purchases a television. (informal) A person, particularly one who is interacting with others.
Customers that shop regularly yet make their purchasing decisions mostly based on markdowns. Need-based clients are those who intend to purchase a specific product. Customers who wander: Customers who are unsure of what they want to buy.
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