Answer:
$24.38
Explanation:
The computation of the one share of worth is shown below:
= Eight-year dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend for eight-year
s would be
= Annual dividend × (1 + growth rate)^number of years
= $1.18 × (1 + 3.25%)^8
= $1.18 × 1.291577535
= $1.524061492
The other items rate would remain the same
Now placing these values to the formula above
So, the price would equal to
= $1.524061492 ÷ (9.5% - 3.25%)
= $24.38
Answer:
c. Tenancy by the entirety
Explanation:
Based on the information provided within the question it can be said that in this scenario the best account recommendation would be a Tenancy by the entirety. This is an account in which each spouse in a marriage has an equal and undivided interest in the account and approval from both parties is needed to empty out the account.
Answer:
B. index
Explanation:
New investors may want to consider to invest in index funds because they focus on a particular sector of the market or a particular type of bond, or indexes may follow and try to reciprocate the market for eg the. The purpose of an index fund is to copy and reciprocate the performance of a market index .
Answer:
E. I, II, III, and IV
Explanation:
Chief Financial Officer is the officer in charge of all the financial transactions who, monitor the business financially, so he uses his knowledge of finance in doing analysis and evaluation of the transactions.
Accountants do not only accounting but has also to perform the financial job many a times in calculating the amounts of each transactions.
Security Analysts are core finance related people, they basically evaluate each aspect in terms of finance of the security, how profitable it would, what are the related costs and benefits, etc:
Strategic managers use finance as to make the strategy that best suits the company to grow also further it helps the manager to take the decisions regarding the funds needed and the financial viability of the decisions to be made.
Answer:
Money is a medium of exchange and satisfaction of needs.
Explanation:
for instance:- if you want to eat ice cream ( which is your want). You give money to shopkeeper who sell money ( his want is money). You give him money in exchange of ice cream . In this way , double wants are satisfied.
