Answer:$240.00
Step-by-step explanation:
$240.00
Step-by-step explanation:
the answer would be the last one
cuz if u do -4(-4) it equals 20
and if u do -5+20 it equals 15
and 15>10
I think it would be around 17 in
Answer:
<u>The current value of Vincent's Hotel common stock is US$ 12.95, that fulfills the requirement of an investor of 17% of rate of return annually.</u>
Step-by-step explanation:
1. Let's review the information given for answering correctly the question:
Currently common stock dividend = US$ 2.20
Annual growth of the dividend for the next 2 years = 3%
Annual growth of the dividend after the next 2 years = 0%
2. What is the current value of Vincent’s Hotel common stock to an investor requiring 17% rate of return?
17% = 0.17
Current value of Vincent's Hotel common stock = 2.20/0.17
<u>Current value of Vincent's Hotel common stock = US$ 12.95</u>
