Answer:
B
Explanation:
Intrinsic value of the stock using the constant growth DDM model = D1 / r - g
D1 = dividend in the following year
r = required return
g = growth rate
Since the growth rate and required rate and growth rate of both stocks are the same, the intrinsic value of both stocks would be equal to :
$7 / 0.12 - .06 = $116.7
Answer:
The correct answer is B.
Explanation:
Giving the following information:
You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% per year.
The number of years is 45.
We need to use the following formula for future value:
FV= PV*(1+i)^n
FV= 70,000*(1.08)^45= $2,234,431.46
Answer: they got better land, and firtile soil
Explanation:
Answer:
Explanation:
Importance of National Income Statistics to the government of Ghana
The importance of national income statistics to the government of Ghana can not be understated.
There are many importance and uses of national income statistics among which includes the following:
1. It shows the standard of living: National income statistics gives an indication of the standard of living of the people of Ghana through the measure of per capita income.
2. For economic policies and planning: The national income statistics is vital for economic policy formulation and planning
3. It gives pattern of expenditures of households: The national income data give an idea of the pattern of expenditure of households
4. Comparison purposes: The per capita income which is obtained from the national income estimate is used to compare the standard of living of Ghana with other countries.
Answer:
3.75
Explanation:
Given;
Price of gold = $1,200 per troy ounce
Price of silver = $20 per troy ounce
Therefore,
1200/20 = 60 pieces of silver is worth one troy ounce of gold but;
1 ounce = 0.0625 pounds
60 ounces = 60 ×0.0625
= 3.75
Therefore a 3.75 pounds of silver is worth single troy ounce of gold.
