Answer:
Current stock price = $24.23
Explanation:
Stock price under Discounted Model:
P0 = D1 \div(Ke - g)
P0 = Current Market price of the share
g = Growth rate = 5.0%
Ke = Cost of equity = 11.5% p.a
D1 = Expected dividend = $1.50 (1 + 0.05)= $1.575
P0 = $1.575 / (11.50% - 5.0%)
Current stock price = $24.23
Project manager in a functional matrix had more lesser influence over one in a dedicated project team because:
- the dedicated team allows a formal authority over the participants
- the dedicated team offers a greater access to influence currencies than the project manager in a functional matrix.
<h3>Who is a Project manager?</h3>
A Project manager is a manager with the responsibiltiy of planning, organizing and directing the completion of specific projects for such organization.
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In conclusion, in a functional matrix, the manager sdoes compensate for their lack of formal authority by exercising informal influence through the use of relationships and personal <em>currencies.</em>
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<em>brainly.com/question/6500846</em>
it's b (: it's simply regular butter but with the milk solids removed.
In the United States broiling is a top-down heat whereas grilling is a bottom-up heat. Grilling is anything where heat is aimed at food, top, side, or down. Baking in the UK is the same as in the U.S. (convective or ambient temperature equivalent cooking.)
Hey only know #6 so i hope this helps
Answer: Number of months = 66.87 months
Explanation:
Given that,
Monthly Payment = $500
Interest rate(r) = 1.95% per month
Current Balance = $18,500
Number of months(t) = ?
![Current\ balance = Monthly\ payment\times(\frac{1-present\ value\ factor}{r})](https://tex.z-dn.net/?f=Current%5C%20balance%20%3D%20Monthly%5C%20payment%5Ctimes%28%5Cfrac%7B1-present%5C%20value%5C%20factor%7D%7Br%7D%29)
![Current\ balance = Monthly\ payment\times(\frac{1-\frac{1}{(1+r)^{t}} }{r})](https://tex.z-dn.net/?f=Current%5C%20balance%20%3D%20Monthly%5C%20payment%5Ctimes%28%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7Bt%7D%7D%20%7D%7Br%7D%29)
![18,500 = 500\times(\frac{1-\frac{1}{(1+0.0195)^{t}} }{0.0195})](https://tex.z-dn.net/?f=18%2C500%20%3D%20500%5Ctimes%28%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2B0.0195%29%5E%7Bt%7D%7D%20%7D%7B0.0195%7D%29)
![\frac{18,500}{500}\times0.0195=1-\frac{1}{1.0195^{t} }](https://tex.z-dn.net/?f=%5Cfrac%7B18%2C500%7D%7B500%7D%5Ctimes0.0195%3D1-%5Cfrac%7B1%7D%7B1.0195%5E%7Bt%7D%20%7D)
![\frac{1}{1.0195^{t}}=1-0.7215](https://tex.z-dn.net/?f=%5Cfrac%7B1%7D%7B1.0195%5E%7Bt%7D%7D%3D1-0.7215)
![1.0195^{t}=\frac{1}{0.2785}](https://tex.z-dn.net/?f=1.0195%5E%7Bt%7D%3D%5Cfrac%7B1%7D%7B0.2785%7D)
![1.0195^{t}=3.5906](https://tex.z-dn.net/?f=1.0195%5E%7Bt%7D%3D3.5906)
Taking log on both side
t log(1.0195) = log(3.5906)
![t = \frac{0.5551}{0.0083}](https://tex.z-dn.net/?f=t%20%3D%20%5Cfrac%7B0.5551%7D%7B0.0083%7D)
t = 66.87 months