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baherus [9]
3 years ago
11

Michael's, Inc., just paid $2.60 to its shareholders as the annual dividend. Simultaneously, the company announced that future d

ividends will be increasing by 5.6 percent. If you require a rate of return of 9.8 percent, how much are you willing to pay today to purchase one share of the company's stock
Business
1 answer:
mixas84 [53]3 years ago
6 0

Answer:

$65.37

Explanation:

Calculation for how much are you willing to pay today to purchase one share of the company's stock

Using this formula

P/0 = D0 ( 1 + g ) / R-g

Let plug in the formula

P/0 = $2.60 (1 + .056) / .098 - .056

P/0 = $2.60 (1 .056)/0.042

P/0=$2.7456/0.042

P/0=$65.37

Therefore how much are you willing to pay today to purchase one share of the company's stock will be $65.37

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If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the
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Based on the information provided it can be said that the kind of productivity measure that can be used would be a partial measure. Partial Productivity measure relates output to a single input unit. For example, capital productivity deals with output per unit of capital while energy productivity relates output per joule of energy used. In this scenario, we would need labor productivity which is output per hour worked.

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3 years ago
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5 0
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A monetarist would argue that a. prices are inflexible. b. wages are inflexible. c. changes in M in the short run can cause Real
DerKrebs [107]

Answer:

The correct answer is the option C: changes in M in the short run can cause Real GDP to fall.

Explanation:

To begin with, the monetarist economists are the one that support the idea of not having any intervention from the government regarding the economy and moreover they are the ones whose ideology focus mainly in the money, as it name indicates. Therefore that when the government decides in the short run to increase the amount of the money supply then the monetarists argue that the action done by them will cause the Real GDP to fall because of the high inflation that it will cause the increase of the money supply and consequently low demand, etc.

8 0
3 years ago
Name any three (3) tests that Hornbill Holdings can use to assess the graduates
nadya68 [22]

Three tests that can be used to assess graduates include:

  • Skills and knowledge psychometric tests.
  • Ability and aptitude psychometric tests.
  • Personality tests.

<h3>What are some tests that can be used to test graduates?</h3>

A skills and knowledge psychometric test will allow Hornbill Holdings to find out how knowledgeable a graduate is in their industry and its processes.

They can also use an ability and aptitude test to find out how adaptive the graduate is to new situations.

Personality tests can then find out if the graduate has the right type of personality for the culture at Hornbill Holdings.

Find out more on graduate testing at brainly.com/question/16321787.

5 0
2 years ago
Which of the following factors increases pressures for cost reductions? a. Meaningful differentiation between products b. Reduce
Finger [1]

Answer:

c. Persistent excess capacity

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Cost reduction is a process of reducing expenditure in a planned manner. The process of cost reduction requires continuity of cost analysis. The elements which are not of any use or contribute anything to the factors of the production are eliminated through this process. The elements of cost are examined critically before their elimination.

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