1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nostrana [21]
3 years ago
7

The next dividend payment by Hoffman, Inc., will be $2.80 per share. The dividends are anticipated to maintain a growth rate of

5.25 percent forever. If the stock currently sells for $49.20 per share, what is the required return
Business
2 answers:
Misha Larkins [42]3 years ago
6 0

Answer:

the required return is 10.94%

Explanation:

The computation of the required return is shown below:

Po = D1 ÷  (Ke - g)

$49.2 = $2.8 ÷ (Ke-.0525)

Ke-.0525 = $2.8 ÷ $49.2

= 0.0569105691

Ke = 0.0569105691+.0525

= 10.94%

hence, the required return is 10.94%

Katena32 [7]3 years ago
4 0

Answer:

10.94%

Explanation:

(Dividend/price)+growth rate

(2.80/49.20)+0.0525=10.94%

You might be interested in
To join together against and have nothing to do with a person, business, nation, employer, or anything else in order to coerce o
solmaris [256]

Answer:

boycott.

Explanation:

Boycott -

It refers to the practice of intentionally not using or stop to using certain products of some specific company , country or person , is referred to as boycott .

The step is also considered to be the part of any protest against any social issue .

If the sme step is done on a national level , it is referred to as sanction .

Hence , from the given scenario of the question ,

The correct answer is boycott .

5 0
3 years ago
At Nice Price for the Ice, an ice cream parlor, customers routinely buy a scoop of ice cream for $2.75. If consumers purchase on
Alla [95]

Answer:

Consumers would not keep buying ice cream at $2.75 because after purchasing a certain amount of ice cream, utility would be maximised and consumers would not value ice cream at $2.75 anymore. Consumers would not purchase a product it the marginal utility that would be derived from consuming the product is less than the price.

According to the law of diminishing marginal utility, as more units of a product is increased, total utility increases but at a decreasing rate.

Explanation:

Marginal utitiy is the increase in utility that is derived from consuming one more unit of a product.

7 0
3 years ago
A disaster recovery site is a(n) __________ location so that you can keep from having the business close while the long-term sol
Zielflug [23.3K]

Answer:

D

Explanation:

Stopgap

A disaster recovery site, which is also known as a temporal backup site, is a place that a company can temporarily relocate to following a security breach or natural disaster. That is why it is known as a stopgap location because it is a temporary measure or short-term solution used until something better can be done about the situation; it serves as the best emergency plan for the typical situation.

6 0
3 years ago
Max is a waiter at a coffee shop. he gets paid $100 every day at 9 p.m. regardless of the number of customers he serves during t
Lera25 [3.4K]

Max is a waiter at a coffee shop. He gets paid $100 every day at 9 p.m. regardless of the number of customers he serves during the day. In this scenario, max's payment is based on the fixed-interval schedule. Hence, option C is correct.

<h3>What is fixed-interval schedule?</h3>

In fixed-interval schedules, the first reaction is only rewarded when a predetermined amount of time has passed. With this schedule, reactions are quicker toward the end of the interval but slower immediately following the reinforcement.

A child may receive a candy as part of a fixed-ratio program after reading three to ten pages of a book.

Thus, option C is correct.

For more details about fixed-interval schedule, click here:

brainly.com/question/12282349

#SPJ4

The options are missing-

a. fixed-ratio schedule

b. variable-interval schedule

c. fixed-interval schedule

d. variable-ratio schedule

3 0
1 year ago
How might a college degree serve as a certification, like in the used car market with a car inspection? What effect might this h
Sonbull [250]
In order to get a certification from automobile service excellence to become an automotive appraiser, you need a college degree. This will make your appraisal result more trustworthy for the consumers.

The effect this might have on the market : it will prevent any undersell or oversell  used or damaged automotive products to be sold in the market
6 0
3 years ago
Other questions:
  • Supply and demand coordinate to determine prices by working
    6·2 answers
  • Eight years ago, Stan purchased 10 shares of an aggressive growth mutual fund at $90 per share, for a total of $900. Today he so
    15·1 answer
  • In your budgeting process, when should you look at
    11·2 answers
  • Which of the following statements correctly characterizes the elasticity of demand for food? a. While food demand is not very re
    15·1 answer
  • When does an account become uncollectible?
    15·1 answer
  • egas Company has the following unit costs: Variable manufacturing overhead $25 Direct materials 20 Direct labor 19 Fixed manufac
    13·1 answer
  • Ahnberg Corporation had 660,000 shares of common stock issued and outstanding at January 1. No common shares were issued during
    13·1 answer
  • How many years of experience does a market research analyst typically need to become certified?
    7·1 answer
  • Explain the forms and nature of inequality​
    11·2 answers
  • Placing barcodes on multiple sides of products and not bagging groceries are examples of ____________________ which allow Aldi t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!