Answer:
$76.76.
Explanation:
The current share price of Moody Farms is $76.76. We use dividend growth model or Gordon Growth Model to calculate share price of Moody Farms. The formula of Dividend Discount Model is:
Po = [Do (1 + g) ] / (r - g)
Po = Current Share price
Do = Current dividend
r = Rate of return
g = growth of dividend
When investors return is 13% for 3 years,
Po = [ $3.40 ( 1 + 0.05 )^3 ] / (0.13 - 0.05 )
Po (1-3 years) = $30.40
Po (3-6 years) = [ $3.40 ( 1 + 0.05 )^6 ] / (0.11 - 0.05 )
= $41.61
Po (7 years and indefinitely) =$3.40 ( 1 + 0.05 )^7
= $4.78
The current share price for Moody Farms will be $30.40 + $41.61 + $4.78 = $76.76
The correct answer would be option B, Specialty Goods.
Keira is in the market for a type of goods with unique characteristics that appeals to a limited number of consumers and requires significant effort and money to purchase. Keira is most likely in the market for Specialty Goods.
Explanation:
There are products in the market that have certain characteristics that are appealing to a limited number of people. Such products require not only effort to purchase, but also a significant amount of money is needed.
Specialty products are usually high in price because of their unique characteristics, and that is why they are not easily available in the market as they are needed by a limited number of people.
Specialty products may include the following:
- Luxury Cars
- Luxury Clothing
- High Fashion Clothing
- Exotic Perfumes
- Professional Photographic Equipment, etc.
Learn more about Specialty Products at:
brainly.com/question/14227087
#LearnWithBrainly
The answer to the given question above is AUTOMATIC STABILIZER. So in the fiscal policy, the term automatic stabilizer refers to the policies and programs which are created in order to counterbalance or neutralize any changes (e.g. fluctuations) in the national income or economic activities. This no longer requires an intervention from the government or policymakers.
