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sveticcg [70]
3 years ago
9

CSU Co. just paid a dividend of $1.4 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent

per year indefinitely. If investors require an 12.6 percent return on Sky High Co. stock, the current price is $ _________ . Round it to two decimal places, and do not include the $ sign, e.g., 23.56.
Business
1 answer:
boyakko [2]3 years ago
8 0

Answer:

$16.93

Explanation:

Current stock price = dividend ( 1 + growth rate) / required return - growth rate

$1.4(1.04) / 0.126 - 0.04 = $16.93

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Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 30 billion bottles of wine were sold ev
zmey [24]

Answer:

The amount of the tax on a bottle of wine is $5 per bottle. Of this amount, the burden that falls on consumers is $3 per bottle, and the burden that falls on producers is $2 per bottle. True or False: The effect of the tax on the quantity sold would have been larger if the tax had been levied on producers.

Explanation:

The amount of the tax on a bottle of wine is $5 ($3 + $2).

The burden on consumers is $3 ($9 - $6), which is the difference between the after-tax purchase price and the before-tax purchase price for consumers.  This implies that the burden passed to consumers is $3 out of the total tax burden of $5.

The burden on producers is $2 ($6 - $4) which represents the difference between before-tax selling price and the after-tax selling price for the producers.  This means that the burden passed to producers is $2 out of the total tax burden of $5.

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3 0
3 years ago
Why is fr33 p01nts banned
igor_vitrenko [27]

Answer:

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6 0
2 years ago
Read 2 more answers
Managers will utilize __________ skills with increasing frequency as they rise within an organization.
Nastasia [14]
<span>E. Conceptual and decision</span><span>

The Internal auditor is the person who reviews the operating and accounting control procedures adopted by management to make sure the controls are adequate.

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3 years ago
Fresh Breath Enterprises (FBE) is a well-known manufacturer of mouthwash. Its main facility is a mint-processing plant, which is
irinina [24]

Answer:

Economies of scope

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Therefore the same is to be considered and relevant

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3 years ago
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