Answer:
$34.63.
Explanation:
The Gordon Dividend Discount Model will be used to calculate the current share price. This model helps us to determine how much should we pay for a stock and the analysis is based on dividends, growth rate, and our required rate of return. The model is as follows:
![Po = D1 / (1 + r )^1 + D2 / (1 + r )^2 + D3 / (1 + r )^3 + D4 / (1 + r )^4 + D5 / (1 + r )^5 + D6 / (1 + r )^6 + [(D7 / r - g) / (1 + r)^6]](https://tex.z-dn.net/?f=Po%20%3D%20D1%20%2F%20%281%20%2B%20r%20%29%5E1%20%2B%20D2%20%2F%20%281%20%2B%20r%20%29%5E2%20%2B%20D3%20%2F%20%281%20%2B%20r%20%29%5E3%20%2B%20D4%20%2F%20%281%20%2B%20r%20%29%5E4%20%2B%20D5%20%2F%20%281%20%2B%20r%20%29%5E5%20%2B%20D6%20%2F%20%281%20%2B%20r%20%29%5E6%20%2B%20%5B%28D7%20%2F%20r%20-%20g%29%20%2F%20%281%20%2B%20r%29%5E6%5D)
where
Po = Current market Price
D1 = Dividend Paid * (1 + g)
D2 = D1 (1 + g) ; D3 = D2 (1 + g) ; D4 = D3 (1 + g) ; D5 = D4 (1 + g)
D6 = D5 (1 + g) ; D7 = D6 (1 + g)
This implies that:
![Po = 2.7507 / (1.15)^1 + 2.8552 / (1.15)^2 + 2.9637 / (1.15)^3 + 3.0763 / (1.13)^4 + 3.1932 / (1.13)^5 + 3.3146 / (1.13)^6 + [(3.4405/.11 - .038) / (1.13)^6]](https://tex.z-dn.net/?f=Po%20%3D%202.7507%20%2F%20%281.15%29%5E1%20%2B%202.8552%20%2F%20%281.15%29%5E2%20%2B%202.9637%20%2F%20%281.15%29%5E3%20%2B%203.0763%20%2F%20%281.13%29%5E4%20%2B%203.1932%20%2F%20%281.13%29%5E5%20%2B%203.3146%20%2F%20%281.13%29%5E6%20%2B%20%5B%283.4405%2F.11%20-%20.038%29%20%2F%20%281.13%29%5E6%5D)
⇒ Current Market Price = $34.63.
Note: Figures are rounded up-to 4 decimal points. A difference of up-to $2 would not affect your scores as far as the methodology is correct.
The thing which would happen if the United States government<em> </em>lowers the income taxes on the wealthiest Americans, while decreasing welfare payments to the poorest Americans is:
- There will be an increase in efficiency and a decrease in equality in the United States.
<h3>Equality</h3>
This refers to the system where members of a society have <em>equal access</em> to the basic amenities of society where they are and nobody is neglected and there is the abolition of social class.
With this in mind, we can see that when there is a decrease in taxes for the wealthiest Americans and reduction in welfare for the poorest Americans, then this would lead to increase in efficiency and also a decrease in equality.
Read more about equality here:
brainly.com/question/463498
- Flexibility
- Attainability
- Fixed expenses
- Recordings of spending and track progress
- Support from management
- An understanding of your debt and current income
The appropriate response is operant conditioning. Operant conditioning is a kind of realizing where conduct is controlled by outcomes. Enter ideas in operant molding are uplifting feedback, negative support, positive discipline and negative discipline.
Answer: $230,000
Explanation:
Gross profit to be earned from project:
= Construction price - cost of construction
= 6,000,000 - 5,500,000
= $500,000
Percentage of costs incurred in 2017:
= 2,530,000 / 5,500,000 * 100%
= 46%
The Gross profit for 2017 is therefore:
= Percentage of cost incurred * total gross profit
= 46% * 500,000
= $230,000
