Answer:
A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.
The AAA payed farmers to reduce their production in order to raise prices.
The answer to this question is Human resource manager
Human resource manager's responsible will include every human-related part of company's opreation, starting from hiring, training, performance monitoring, etc. To be able to excel in the job, Human resource manager has to have high-level communication skills and an ability to evaluate a person based on limited tells.
Answer:
$43.19
Explanation:
Use dividend discount model(DDM) to solve this question; specifically constant dividend growth model.
P0 = D1/(r-g)
P0 = Current price
D1 = Next year's dividend = $3.11
r = investors' required return = 11.4% or 0.114 as a decimal
g = dividend growth rate = 4.2% or 0.042 as a decimal
P0 = 3.11/(0.114 - 0.042)
P0 = $43.19
Therefore, this stock price is $43.19
