Answer:
Present value of the security = $1,888.89
Explanation:
The annual dividend of $170 represents a perpetual income stream. The present value of a perpetuity is calculated as follows:
where r =interest rate per annum that would be compounded for each year
Therefore, present value of the security = 
= $1,888.89
Answer: See explanation
Explanation:
Triton Consulting Income Statement For the Year Ended April 30, 20Y3:
Fees earned 279000
Less: Expenses:
Salary expenses = 242000
Supplies expenses 1650
Depreciation expense. 900
Miscellaneous expenses 2000
Total expense = 246550
Net income 32450
Triton Consulting Balance Sheet April 30, 20Y3
Assets
Current assets
Cash 21500
Account receivable 51150
Supplies 750
Total current asset = 73400
Property, plant and equipments
Office equipment 32000
Accumulated Depreciation 5400
Total property,plant and equipment = 26600
Total asset = 100,000
Liabilities
Current liabilities:
Account payable: 3350
Salary payable: 2000
Total liabilities = 5350
Stockholders equity
Common stock 20000
Retained earnings 74650
Total stockholders equity = 94650
Total liability and stockholders equity = 100,000
The meta-analysis is the best represent as a statistical action, that which involves quantitatively pooling the data from a group of independent studies that have studied the same or similar clinical problems, by using the same or similar research methods.
Answer:
Studying finance can prepare you not only for careers in the financial services sector, but also for tasks in your everyday life. ... And because finance revolves around planning and analysis, studying finance and becoming more financially literate enables people to make better personal financial decisions.
Answer:
current intrinsic value per stock = $26.35
Explanation:
year dividend EPS
0 0 $18
1 0 $20.88
2 0 $24.22
3 0 $28.10
4 0 $32.59
5 0 $37.81
6 $12.59 $41.97
growth rate up to year 5 = 16%
ROE growth rate starting year 6 = 11%
dividend growth rate starting year 6 = 11% x (1 - 30%) = 7.7%
cost of equity = 24%
horizon value at year 5 = $12.59 / (24% - 7.7%) = $77.24
current intrinsic value per stock = $77.24 / 1.24%⁵ = $26.35
