The current price of the stock is $68.04. The most recent price at which a security was sold on an exchange is the current price.
<h3>Does the market price match the present pricing?</h3>
Both buyers and sellers use the current price as a benchmark. The asking price is a good reflection of current worth, but depending on supply and demand, the actual selling price could be greater or lower.
The current price, often known as the "market price," is the cost that was most recently exchanged for a share or unit of security, coin, good, or precious metal that is traded on an exchange. The market capitalization, or "market cap," of a firm is calculated using the market price per share.
Given:
Current Price = D1/(ke - g)
D1 = 3.10 × (1 + .0425)
ke = 9%
g = 4.25%
Current price = 3.10 × (1+.0425)/(9% - 4.25%) = $68.04
To learn more about current price, visit:
brainly.com/question/14363232
#SPJ4
Answer: Sale of a new share of stock to an individual investor
Explanation: Primary market refers to the market in which newly issued securities are offered to the general public for the first time. In other words, these are the market where the initial public offerings takes place.
The market in which the existing securities are sold and bought by the investors is called secondary market.
Thus, from the above we can conclude that the last statement is an example of primary market transaction.
The correct answer is Choice C.
Beginning Jan. 1, 2019, all taxpayers may deduct only the amount of the total unreimbursed allowable medical care expenses for the year that exceeds 10% of their adjusted gross income.
Answer:
Strong.
Explanation:
The employees of KLM Company have high attention to work towards mission and vision. The culture at KLM is strong because all employees clearly know the vision and mission of the company and they abide by all the values of the organization in work practices. Mission statement defines company's objectives and its goals. Vision defines where the company wants to see itself in future or its ultimate goal accomplishment.
