Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of u
1 answer:
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Answer:
A) 0.0618
Explanation:
Variance is given by:
Where 'Xi' is the value for each term 'i' in the sample of size 'n' and μ is the sample mean.
The mean investment return is:
The variance is:
The variance of the returns on this investment is A) 0.0618.
Answer:
current share price = $5.40
so correct option is C. $5.40
Explanation:
given data
dividends paid = 15 years
pay = $6 per share
increase = 4%
to find out
current share price
solution
we know that Value after year 15 will be = ( D15 × Growth rate) ÷ (required return - growth rate) ......................1
put here value
Value after year 15 =
Value after year 15 = $52
so here current share price will be
current share price = Future dividends × Present value of discounting factor
current share price =
current share price = $5.40
so correct option is C. $5.40