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jekas [21]
3 years ago
12

Asonia Co. will pay a dividend of $4.30, $8.40, $11.25, and $13.40 per share for each of the next four years, respectively. The

company will then close its doors. If investors require a return of 9.9 percent on the company's stock, what is the stock price?
Business
1 answer:
Elan Coil [88]3 years ago
4 0

Answer:

$28.53

Explanation:

Asonia Co. stock price will be calculated using discount factor of 9.9% which is investors required rate of return for company's stock.

Stock price = dividends * (1+r)^ - n

$4.30 (1.099)^-1 + $8.40 (1.099)^-2 + $11.25 (1.099)^-3 + $13.40 (1.099)^-4

$3.91 + $6.95 + $8.48 + $9.19

$28.53

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As the owner of a party store, you have decided to lower the price for all balloons this month. What do you expect to happen?
Ulleksa [173]

Answer:

Quantity demanded for balloons will increase.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the commodity and the quantity demanded for that commodity.

This means that if there is an increase in the price of a good then as a result the quantity demanded for that good decreases and on the other hand if there is a fall in the price of a good then as a result the quantity demanded for that good increases.

Therefore,

Fall in the price of balloons will lead to increase the quantity demanded for balloons.

3 0
3 years ago
Wember Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The
hodyreva [135]

Answer:

$3,515

Explanation:

The computation of the catering supplies is shown below:

= Catering supplies per month + per job cost  × expected number of jobs + per meal cost  × expected number of meals

= $350 + $89 × 21 jobs + $9 × 144 meals

= $350 + $1,869 + $1,296

= $3,515

Since the question is asking for planning budget so we considered the expected units in terms of jobs and meals

8 0
3 years ago
If you find a job you’re interested in on LinkedIn you should immediately
irakobra [83]

Apply for it and be a lucky man to live

6 0
3 years ago
Both Justin and Craig are business majors and live in the same dorm, but Justin's room looks like a Cabela's showroom, with fish
Sladkaya [172]

Answer:

The correct answer is D

Explanation:

Lifestyle is stated or expressed in both leisure and work behavior patterns and in the values, activities, opinions, attitudes, interest and allocation of income. It also states the self image of the person.

In other words, it is the way of life created through individual, society, group or culture. It comprise of patterns of interest, work, consumption and interaction that define how the person spends their time.

So, in this case, the different in the lifestyle among Craig and Justin.

5 0
3 years ago
Our basketball team has finished $80\%$ of its season, during which we won $40\%$ of the games we played. What percent of the re
masya89 [10]

Answer:

90%

Explanation:

Let x be the total number of matches,

Given,

80% of games were finished,

So, the number of finished games = 80% of x = 0.8x

∴ Remained games= x - 0.8x = 0.2x

Now, 40% of 80% of games were won,

So, the winning games in 0.8x matches = 40% of 0.8x

= 0.4 × 0.8x

= 0.32x

In order to finish games with the same number of wins as losses,

Winning percentage in all games must be 50%,

Thus, the total winning games = 50% of x = 0.5x

Let y be the winning percentage in 0.2x games,

So, the total winning games in 0.2x games = \frac{y\times 0.2x}{100}

∵ Number of winning matches in 80% games + number of winning matches in 20% = total winning matches

⇒ 0.32x + \frac{0.2xy}{100}= 0.5x

\frac{0.2xy}{100}=0.18x

0.2y=18

\implies y=90

Hence, the percent of winning the in the remaining games must be 90%.

6 0
3 years ago
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