1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vikentia [17]
2 years ago
10

Assume that a stock is expected to pay dividends at the end of Year 1 and Year 2 of $1.25 and $1.56, respectively. Dividends are

expected to grow at a 5% rate thereafter. Assuming that ke is 11%, the value of the stock is closest to:___.
A. $22.3.B. $23.42.C. $24.55.
Business
1 answer:
Setler [38]2 years ago
4 0

Answer:

C. $24.55

Explanation:

Calculation to determine what the value of the stock is closest to:

Value of the stock =($1.25 / 1.11) + [1.56/ (0.11 -0.05)] / 1.11

Value of the stock =[1.126126+(1.56/0.06)]/1.11

Value of the stock = $24.55.

Therefore the value of the stock is closest to:$24.55

You might be interested in
Imagine that you are the marketing manager of a hotel chain that wants to implement a customer reward and loyalty program. You r
Goryan [66]

Answer:

customer relationship management

Explanation:

Customer relationship management (CRM) can be defined as the <u>combination of practices, strategies and technologies that companies use to manage and analyze customer interactions</u> with the goal of improving customer service relationships and assisting in <u>customer retention and driving sales</u>.

The desire to implement a customer reward and loyalty program in Sabre Hospitality Solutions has no other intention and purpose but <u>customer retention and improvement of sales.</u>

Hence, the loyalty implementation program is a customer relationship management strategy.

4 0
3 years ago
Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
Elanso [62]

Answer:

A) is maximizing her total utility from the given fixed budget.

Explanation:

The equal marginal principle refers to the principle in which the consumer would select that combination of goods which maximise its total utility. It could be selected by having marginal utility and its price

And for profit maximization, the marginal utility and the price is equivalent to both the goods.

i.e

\frac{MU_X}{P_X} = \frac{MU_Y}{P_Y}

\frac{60}{2} = \frac{30}{1}

30 = 30

Hence, the correct option is a.

5 0
3 years ago
g- Tom and John are excited to purchase a new house. Based on where they live they can find a good house for $800,000. They need
Aleksandr [31]

Answer: 5.9 years

Explanation:

The amount they need to save is the down payment for the house:

= 800,000 * 15%

= $120,000

They are saving a total of:

= 1,050 + 490

= $1,540 per month

Interest is 3.4%/12 as it is monthly.

On excel, insert the details as shown in the attachment.

You should get 70.5 months.

In years this is:

= 70.5/12

= 5.9 years

3 0
3 years ago
He loves me, he gives me all his money, that gucci prada comfy, my suger daddy:)
ladessa [460]

Answer:

what did he sayyyyyyyyyy

3 0
3 years ago
Read 2 more answers
True or false Five out of seven members of the Board of Cosmetology must have been licensed cosmetologists for at least five yea
sertanlavr [38]

Five members of the board must hold valid cosmetology licenses and shall have been working as cosmetologists for at least five years in this state. This statement is TRUE.

  • A seven-member Board of Cosmetology is established inside the department. Its members will be selected by the governor and confirmed by the Senate, and its job will be to carry out the terms of this act.
  • The rest of the unexpired terms on the board may be filled by the Governor at any time.
  • Each appointee must take the constitutional oath of office and submit it to the Department of State before beginning their duties as board members.
  • The board will choose a chair and vice chair from among its members in the month of January.
  • The board will hold as many meetings as it considers necessary throughout the year, one of which will be the annual meeting.

To know more about Cosmetology refer:

brainly.com/question/14069988

#SPJ9

5 0
1 year ago
Other questions:
  • What is budgeting time for a presentation?
    15·2 answers
  • The Sherman Antitrust Act Group of answer choices was passed to encourage judicial leniency in the review of cooperative agreeme
    11·1 answer
  • basic commodities such as farm goods are bought and sold in which market structure? a. perfect competition b. monopoly c. oligop
    15·1 answer
  • ___ is a method for developing the shortest schedule when the number or amount of available resources is fixed. a. Resource eval
    15·1 answer
  • Fancy Furniture produced a batch of 2,000 coffee tables at a cost of $355,000. It was discovered that the entire batch was finis
    14·1 answer
  • Naira is a consumer research and market analyst. She prepares questionnaires that are designed to identify a consumer's distingu
    11·1 answer
  • An interview is an primary or secondary research
    6·1 answer
  • Suppose that Jack and Hal and Sophia enter in to a contract for the sale of the business. Jack however was drunk at the time tha
    6·1 answer
  • On June 30, 2009, Apricot Co. paid $5,000 cash for management services to be performed over a two-year period. Apricot follows a
    6·1 answer
  • You decide that reading the textbook tonight will lay the foundation for your later success in your economics class. which of th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!