Answer:
TRUE
Explanation:
Bankruptcy is a legal framework, in which borrowers who cannot pay their loans, may seek relief from all of their liabilities from individuals or other organizations. In most states, a judge's order mandates bankruptcy.
In this situation, Tim is a bankrupt person, tin wrote a negotiable note but now Tim has got relief from his liabilities, so he has not to pay against his negotiable note.
Therefore, the following situation is TRUE .
Internet more specifically Google. Yes to some extent because what you find on the internet you will not find if you watch the news. The more information you want the more you will need to look at the other resources.
Answer:
4
Explanation:
Its every 4 mins we see ads
A survey question asking voters which political party they are affiliated with (democrat, republican, independent) would be considered mutually exclusive or nominal scale. This type of questions talk about labels or names, mainly used for labeling variables that don’t have any quantitative value.
Answer:
P6 = $8.918626 rounded off to $8.92
Explanation:
The DDM will be used to calculate the price of the stock. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g) / (r - g)
Where,
- g is the constant growth rate
- D0 is the dividend paid today or most recently
- r is the required rate of return
As we use D0 * (1+g) or D1 to calculate the value of the stock today (P0), we will use D7 to calculate the value of the stock 6 years from now.
D7 = 0.4 * (1+0.07)^6 * (1+0.04)
D7 = $0.6243038264
P6 = 0.6243038264 / (0.11 - 0.04)
P6 = $8.918626 rounded off to $8.92