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Anarel [89]
3 years ago
14

Burnett Corp. pays a constant $8.75 dividend on its stock. The company will maintain this dividend for the next 10 years and wil

l then cease paying dividends forever. If the required return on this stock is 12 percent, what is the current share price
Business
1 answer:
goldfiish [28.3K]3 years ago
5 0

Answer: $49.44

Explanation:

The current share price will be calculated as follows:

Dividend = $8.75

Required return rate = 12%

Number of years, N = 10

Then, the present value annuity for 10 years will be calculated as:

= (1 - (1+r)^-n) / r

= (1 - (1+12%)^-10) / 12%)

= $5.65

Then, the current share price will be:

= Dividend × present value annuity for 10 yrs

= $8.75 × 5.65

= $49.44

Therefore, the current share price is $49.44.

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The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.
jasenka [17]

Answer:

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

tactical, hands-on level

Explanation:

At the highest level of marketing management is the strategic level, which is more conceptual.  Down the scale is the tactical marketing plan, which specifies the marketing tools and techniques which a company will use to meet its marketing goals.   At this level, the tactical tools in use include advertising, sales promotions, and other activities that directly implement the strategic marketing plan.  The tactical level reduces the business strategic goals to marketing objectives.

3 0
3 years ago
What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,
Anna11 [10]

Answer:

B. I and II only

Explanation:

I. Regulatory changes allowing institutions to offer more services II. Technological improvements reducing the cost of providing financial services

7 0
3 years ago
A(n) _____ is a government-backed mortgage. <br><br> balloon <br><br> FHA <br><br> GHA<br><br> ARM
Kisachek [45]
I would say FHA, from what I know.
6 0
3 years ago
Nike once famously claimed that they are a marketing company not a manufacturer, and thus they cannot be held responsible for th
denis23 [38]

<u>Answer: </u>

There is a great deal of emphasis given towards moral work environments wherein it is normal that the representatives and the laborers are not misused and mishandled in their work assignments and the earth in which they endure. The representatives are approached to work inside the most extreme working hours in seven days, expanded instalment, great lodging and working conditions and so on. The organizations are relied upon to give family settlement and forestall treating laborers in plants like slaves.  

It is referenced that N Co. once referenced that it ought not be considered answerable for the activities of different organizations that are into creating merchandise for N and N is essentially offering those items to the clients. Over this, one might say that being a mindful and contributory firm on the planet advertise, it is the obligation of N Co. to guarantee that the providers who supply their products to N to which N advances in the market are utilizing best strategic policies and moral dynamic in delivering those merchandise. Thus, with regards to APP Co., it ought to be made exceptionally liable for the activity of FX Co. in CH Country in light of the fact that FX is the maker and provider of different items and electric segments that APP sells on the planet market, and clients perceive those items with APP's logo and brand which makes APP profoundly at risk and for the strategic approaches and activities of its provider FX. Essentially, FX Co. ought to be held totally subject for the activities of the gatekeepers at the association's CH Plant in light of the fact that the watchmen have a place with and work for FX Co. furthermore, their activities will be perceived and distinguished corresponding to FX Co. influencing its picture on the planet advertise and the clients of FX and APP. Along these lines the organizations that are related with one another in any structure being either providers, advertisers, or assume some other job in the circulation chain, the organizations ought to get mindful and center after creation each gathering to attempt strategic policies in a moral way.

8 0
3 years ago
When a manufacturer experienced a slowdown in sales, it laid off the two employees with the poorest attendance. One of the emplo
Iteru [2.4K]

Answer:

employment at will

Explanation:

According to my research on different employee responsibilities, I can say that based on the information provided within the question the company can state that the layoffs were instances of employment at will. This is because the employees were only showing up when it suited them, which is not part of their contract, the employees need to show up to work on time based on their work schedule.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
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