Answer:
Cost of external equity= 26.9%
Explanation
<em>According to the dividend valuation, the value of a stock is the present value of expected future dividends discounted at the required rate of return.</em>
The model can me modified to determined the cost of equity having flotation cost as follows:
Ke = D(1+r )/P(1-f) + g
Ke= Cost of equity
D- current dividend,
D(1+g) - dividend next year
p- price of stock - 31,00$
f - flotation cost - 14%
g- growth rate - 7%
Ke= 5.30/31× (1-0.14) + 0.07
= 0.2687997 × 100
= 26.9%
Answer:
A union is a formal group that consists of individuals in a same field or similar professions that are united for their common interests and for protection.
The idea is that a union is more effective than seperate individuals when it comes to Organizational and institutional matters.
So we can say that the main function of unions is to promote the interest of its members and to make certain that the voice of its members is heard in matters where the individuals cannot work separately and alone.
Explanation:
Answer:
A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.
Explanation:
The purpose of an AVERAGEIF function is to help one find the average of numbers that meet a certain criteria within a dataset.
<h3>What does an AVERAGEIF function do?</h3>
The full question is not provided so the best I can do is to provide a general overview.
An averageif function is available in spreadsheets and is used to find the average of numbers in a range of data that meet a certain criteria.
For instance, if you want to average the budget amounts for Action movie projects, a relevant formula would be:
= AVERAGEIF(Projects, "Action movie", Projects[Budgets])
Find out more on the Averagif function at brainly.com/question/19595618.
