Exporting is the least complex of the types of global operations. This does not require any investment in the host country such as infrastructure, manpower, or facilities.
Consumers always try to equate marginal utility of a good to its price which is a marginal cost of consumption.
<h3>What is marginal utility and why consumers make a choice by looking at both mu and price?</h3>
- So economically a utility is a kind of benefit that a consumer gets by buying a product of choice.
- Now marginal utility is the benefit one gets by buying an additional unit of consumption except the first product bought.
- Here the question is asked about the consumer taking notice of both marginal utility and price while buying goods.
- Hence consumers watch for the marginal utility and price of the good both to equate the marginal utility to its price which is a marginal cost of consumption.
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To became a financial planner that sell fixed-income investment, Jenny requires a CFP certificate.
In order to get it, Jenny has to pass the CFP certification exam that's administered by the CFP board, as a sign that Jenny has fulfilled the standard.
N<u>o</u><u>, because all </u><u>compensation</u><u> must come through your </u><u>broker</u><u>.</u>
Which of the following actions should be taken when holding an open house?
Schedule the open house soon after the property hits the market.
Which of these statements best describes the concept of procuring cause?
Procuring cause means the licensee's actions produced a ready, willing, and able buyer.
Which of the following is true regarding a broker's commission in a real estate transaction?
- The commission must be stated in the listing agreement and is set by the broker.
- Commissions are determined at a special meeting of the local realtor board once a year.
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Answer:
$1.81
Explanation:
we must use a combination of non-constant growth formula and the Gordon growth model to determine the price for the stocks in year 0 and year 1:
stock price year 0 = ($2.40 / 1.15) + ($2.88 / 1.15²) + ($3.456 / 1.15³) +[$4.1472 / (15% - 4%)] / 1.15⁴ = $2.09 + $2.18 + $2.27 + $21.55 = $28.09
stock price year 1 = ($2.88 / 1.15) + ($3.456 / 1.15²) +[$4.1472 / (15% - 4%)] / 1.15³ = $2.50 + $2.61 + $24.79 = $29.90
capital gain between year 0 and year 1 = P1 - P0 = $29.90 - $28.09 = $1.81
*All answers have been rounded to the nearest cent.
