Y=3x-5
Y=5/4x+3/4
The solution to the equations is in the picture
64,330 is your answer. Hope this helps! :)
The current price of the stock given the dividend, cost of equity and growth rates is $46.90.
<h3>What is the current stock price?</h3>
Thw two-stage dividend growth model would be used to determine the value of the stock.
First stage:
- dividend in Y1 = 1.20x 1.12 = 1.344
- dividend in Y2 = 1.20 x 1.12^2 = 1.505
- dividend in Y3 = 1.20 x 1.12^3 = 1.69
Second stage:
Y3 = (1.69 X 1.06) / (0.095 - 0.06) = 51.059
Find the present value of these cash flows
(1.344 / 1.095) + (1.505 / 1.095²) + (1.69 / 1.095³) + (51.059/1.095³) = $46.90
To learn more about the two stage dividend model, please check: brainly.com/question/26564273
The annual number of cases can be modeled using a quadratic equation y = 14x2 – 9x + 1. the variable x represents the number of years after 2008. the variable y represents the number of pertussis cases in year x. according to the equation, in what year can the county be expected to have 2,619 cases of pertussis?