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8090 [49]
3 years ago
11

How much should you pay for a share of stock that offers a constant growth rate of 10%, requires a 16% rate of return, and is ex

pected to sell for $53.17 one year from now
Business
1 answer:
Bad White [126]3 years ago
6 0

Answer: $48.33

Explanation:

Using the Gordon Growth model:

Price of stock = Next year dividend / (Required return - growth rate)

Next year price of stock can be used to calculate year 2 dividend:

53.17 = D₂ / ( 16% - 10%)

53.17 * 6% = D₂

D₂ = $3.19

D₂ = D₁ * ( 1 + growth rate)

3.19 = D₁ * ( 1 + 10%)

D₁ = 3.19/ 1.1

= $2.90

Price of stock today:

= 2.90 / ( 16% - 10%)

= $48.33

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Malia is a partner of a small clothing company. This week she has been hosting a group of potential investors. Several of the po
olganol [36]

Answer:

The correct answer is Legal.

Explanation:

A legal problem is a dispute that must be resolved within the framework of current law. When the same is submitted to a judge's decision, the obligation to motivate it is usually imposed. This requires defining the dispute based on the normative and factual statements that are introduced by the parties in the process, supported by hermeneutical consensus and / or evidence. When the judge has the full normative and factual information - and their respective interpretative and probative grounds -, he is in a position to formulate the problem. This then has a double component: the normative, which refers to the general aspect of the controversy and states the topic on which the debate will turn, and the factual one, which indicates the characteristics of the case that give the particular hermeneutical turn to the general theme.

8 0
3 years ago
Super display book is the automated trading system for the? a nasdaq stock market b american stock exchange (nyse american) c ne
Nina [5.8K]

The super display book is an electronic order routing and execution technology that sends orders directly to the specialist or DMM for execution rather than through the floor broker.

<h3>What is Super display book?</h3>

The super display book is an electronic order routing and execution technology that sends orders directly to the specialist or DMM for execution rather than through the floor broker. The system will provide an electronic confirmation of the execution to the submitting broker dealer if the order can be carried out right away.

The New York Stock Exchange used a unique tracking system called Display Book (NYSE). Market exchanges displayed, recorded, and carried out market orders using the Display Book. For each security they traded, experts on a NYSE-affiliated exchange used the Display Book.

The New York Stock Exchange is a U.S. stock exchange located in Lower Manhattan's Financial District. By market capitalization of its listed businesses, which was US$30.1 trillion as of February 2018, it is by far the largest stock exchange in the world.

The Super Display Book is the NYSE's computerized trading platform. In late 2009, this took the place of the earlier DOT (Designated Order Turnaround) method.

To learn more about Super display book refer to:

brainly.com/question/14368700

#SPJ4

3 0
2 years ago
Large scale organisation meaning
levacccp [35]

Answer:

large scale organization is a company which has large manufacturing plants around the world, attends to a large amount of employees and is awesome and such

such as bhp billition

7 0
3 years ago
The activity base selected determines whether a cost behaves as a variable cost or fixed cost.
kramer

Answer:

The activity base selected determines whether a cost behaves as a variable cost or fixed cost. This statement is true.

The correct answer is A.

Explanation:

Variable cost is a cost that fluctuates with respect to activity level while  fixed cost is a cost that remains unchanged irrespective of activity level.

Thus, the activity base selected determines whether whether a cost is fixed or variable.

6 0
3 years ago
Two popular beverage manufacturing companies in different countries merge together to gain strategic advantages. the merger give
Aleksandr [31]

<span>Integrated Marketing communication this is what the company needs to use, is the use of marketing strategies to optimise the communication of a consistent message of the company's brands to stakeholders. Coupling methods together improves communication as it harnesses the benefits of each channel, which when combined together builds a clearer and vaster impact than if used individually.</span>

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