I think its A. tell me if im wrong
Answer:
The buyer can sue for specific performance of the contract. In real estate, in order for the buyer to be able to sue for specific performance, he/she must have all the money (or mortgage) ready to finish the transaction. It is very difficult for someone to sue for damages for not wanting to complete the sale of a house because houses are unique in a way that similar houses in different neighborhoods or even streets might be worth a lot more or less.
When you sue for specific performance, the non-breaching party will request that the other party performs their side of the contract.
Joe will likely attribute his failure to luck because he has
reasoned out that the reason why he failed the math test was because of
external locus of control in which is considered to be unstable in nature,
making his attribute fall in luck.
YOur answer is D.
A way to remember this is AWE. Assets, Withdrawals and Expenses all have normal debit balances
Answer:
The expected/required rate of return is 13.8125%.
Explanation:
The stock is a constant growth stock as the dividends are expected to grow constantly forever. The constant dividend growth model of DDM is used to calculate the price of such a stock today. As we already know the price, we will use the formula of the constant growth model to determine the required rate of return. The formula for constant growth model is:
P0 or Price today = D1 / r - g
Plugging in the available known values,
16 = 1.25 / (r - 0.06)
16 * (r - 0.06) = 1.25
16r - 0.96 = 1.25
16r = 1.25 + 0.96
r = 2.21 / 16
r = 0.138125 or 13.8125%