Answer:
The current price of Hubbard's common stock is <u>$25.50</u>.
Explanation:
This can be calculated using the Gordon growth model (GGM) formula that assumes growth is dividend will be constant as follows:
P = D1/(r - g) ............................ (1)
Where,
P = Current stock price = ?
D1 = Next dividend = D0 * (1 + g) = $1.50 * (1 + 2%) = $1.53
r = required return = 8%, or 0.08
g = growth rate = 2%, or 0.02
Substituting the values into equation (1), we have:
P = $1.53 / (0.08 - 0.02) = $25.50
Therefore, the current price of Hubbard's common stock is <u>$25.50</u>.
Answer:
Export management companies
Explanation:
Export management companies acst as the export sales department for a manufacturer.
Export management companies refers to firms that helps in the distribution of goods produced by other firm's in the international market. They export goods on behalf of other firm's.
Export management companies are independent companies that provides support services for other firms engaged in exporting. Services rendered by export management companies includes: insuring, billing, shipping, warehousing among others.
They also help to provide important information that will improve the quality of product to firms who hire them.
<span>The standard of proof to find a defendant who has been charged with a crime guilty is beyond a reasonable doubt. This means Sun-Hi can only be found guilty by jurors after all the evidence is given and all the the facts and information about the case has been given as well. The jurors must be convinced that Sun-Hi is guilty of the crime by using the evidence. This term creates a standard for all courts in the U.S. to follow, which ensures the court process is done right.</span>
Answer:
A company's capital is divided into small equal units of a finite number. Each unit is known as a share. In simple terms, a share is a percentage of ownership in a company or a financial asset. Investors who hold shares of any company are known as shareholders. ... 10 then the number of shares to be issued will be 1 lakh.
