Answer:
Explanation:
Calculation for 5th year dividend.
Year	Dividend	Growth	Dividend
1 1.23	1.18 1.45
2 1.45	1.18 1.71
3 1.71	1.18 2.02
4 2.02	1.18 2.38
5 2.38	1.18 2.81
Now we find EPS for 5th year through payout ratio.
EPS5 = D5 / Payout ratio
EPS5 = $2.81 / 0.30
EPS5 = $9.37
Calculation for price.
P0 = Benchmark PE ratio x EPS5
P0 = 18 ($9.37)
P0 = $168.66
B. What is the stock price today.
Year	Dividend	Table value at 14%	PV of dividend
1	1.45	0.8771 1.27
2	1.71	0.7694 1.32
3	2.02	0.6749 1.36
4	2.38	0.5920 1.41
5	171.47	0.5193 89.04
Total 94.40
Stock price today = $94.40
 
        
                    
             
        
        
        
The three conditions that must exist in order for a market to be perfectly competitive include: 1. a large number of vendors and customers (buyers and sellers), 2. the vendors must be selling identical products and finally, 3. new vendors must be able to freely enter the market.
        
             
        
        
        
Answer:
the profit margin will decrease and supplies won't get their promotin
 
        
             
        
        
        
Answer: disaffirm
Explanation:
most cases, whether the contract has not yet been performed (an executory contract) or has been fully performed (an executed contract), the minor may disaffirm the contract.
It should be noted that a contract that is signed by a minor unless in some rare exceptions is normally void and therefore, the minor can disaffirm the contract. 
 
        
             
        
        
        
Answer:
B. Accurate prediction of honesty
Explanation:
Interviews are one of the most effective tools that human resource managers use to  determine if a candidate is a match or not for a specific job. Flexibility is the key word here.  That allows both the candidate and the interviewer, the possibility of understanding what are  the skills needed for a certain job and if the candidate possesses them. When someone  answers a test, you can tell if the candidate knows about the subject or not, but when he/she is interviewed, you can ask for more detail and examples that help clarify the candidate's  ideas, expectations and capabilities.  E.g. a candidate states that he/she knows how to use WordPress very well, and the interviewer can ask him/her about specific tasks to verify if that is true.