Answer:
$93.22
Explanation:
Data provided in the question:
Dividend paid, D0 = $2.30
Expected growth rate, g = 15% = 0.15
Growth rate for after year 8, g' = 6% = 0.06
Required return, r = 14% = 0.14
Now,
the Dividend for the year 8, D8 = D0 × (1 + g)⁸
= $2.30 × (1 + 0.15)⁸
= $2.30 × 3.06
= $7.036
Thus,
Price of the stock today = D9 ÷ (r - g' )
= [ D8 × ( 1 + g') ] ÷ (r - g' )
= [ $7.036 × ( 1 + 0.06 ) ] ÷ ( 0.14 - 0.06 )
= 7.46 ÷ 0.08
= $93.22
Answer:
The amount that Lena will invest in fund B would be $4000.
Explanation:
Given information -
Amount invested in fund A - $6000
Return earned on fund A - 6%
Let us assume amount invested in fund B be x
Return earned on fund B - 1%
Return on both funds together - 4%
Let us assume the total amount of fund invested be ($6000 + x)
Now using simple equation , we will take out the value of x which is the amount invested in fund B -
$6000 X 6% + x X 1% = 4% ( $6000 + x )
= $360 + .01 x = $240 + .04 x
= $360 - $240 = .04 x - .01 x
$120 = .03 x
x = $120 / .03
= $4000.
Answer:
Hundred Days
Explanation:
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression was called <u>the hundred Days</u>. As we know that the First New Deal began in a whirlwind of legislative action called “The First Hundred Days.” From March through June 1933, at Roosevelt’s behest, Congress passed legislation aimed at addressing the banking crisis, unemployment, and weak industrial performance, among other problems, through an “alphabet soup” of new laws and agencies.
20-(65)xy-mx+b might ce the ranch house stock
Answer:
The correct answer is C
Explanation:
Resource management plan is a kind of tool which is used by the project managers in order to manage the resources. Basically, a resource management plan is used to control the most vital resource of every project, which is the human resource.
The last and final step in the resource management plan is maintaining or keeping a resource inventory.
