The current price of the stock is $68.04. The most recent price at which a security was sold on an exchange is the current price.
<h3>Does the market price match the present pricing?</h3>
Both buyers and sellers use the current price as a benchmark. The asking price is a good reflection of current worth, but depending on supply and demand, the actual selling price could be greater or lower.
The current price, often known as the "market price," is the cost that was most recently exchanged for a share or unit of security, coin, good, or precious metal that is traded on an exchange. The market capitalization, or "market cap," of a firm is calculated using the market price per share.
Given:
Current Price = D1/(ke - g)
D1 = 3.10 × (1 + .0425)
ke = 9%
g = 4.25%
Current price = 3.10 × (1+.0425)/(9% - 4.25%) = $68.04
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Answer:
$24
Explanation:
Calculation to determine What will the estimated intrinsic value of the Shoe Barn Inc.'s stock
Using this formula
Estimated intrinsic value = Earnings * P/E Ratio for the industry
Where,
EPS = $2
Industry P/E = 12
Let plug in the formula
Estimated intrinsic value= $2 * 12
Estimated intrinsic value= $24
Therefore the estimated intrinsic value of the Shoe Barn Inc.'s stock is $24
Answer:
c. can require Jim to specifically perform the contract.
Explanation:
Specific performance is a remedy used in contract law by which the non-breaching party requires a court to order that the breaching party fulfills the performance included in a valid contract.
In this case, Oleta can request a court order that forces Jim to sell the lava lamp to her at the price specified in the contract.
Callable Certificate of Deposit is a type of savings account that a financial institution can terminate.
The imports of this country are around $2 trillion.
The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:
<em>GDP = Consumption + Government Spending + Investment + Exports - Imports</em>
15 = 9 + 2 + 3 + 3 - Imports
15 = 17 - Imports
Imports + 15 = 17
Imports = 17 - 15
Imports = $2 Trillion
In conclusion, the imports are $2 Trillion
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