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spayn [35]
3 years ago
9

The Red Bud Co. pays a constant dividend of $1.20 a share. The company announced today that they will continue to do this for an

other 3 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 7 percent
Business
1 answer:
Gelneren [198K]3 years ago
5 0

Answer:

the  one share of this stock worth today is $3.15

Explanation:

The computation of the  one share of this stock worth today is shown below:

= Dividend per share ÷ (1 + required rate of return^years) + Dividend per share ÷ (1 + required rate of return^years) + Dividend per share ÷ (1 + required rate of return^years)

= ($1.20 ÷ 1.07^1) + ($1.20 ÷ 1.07^2) + ($1.20 ÷ 1.07^3)

= $3.15

hence, the  one share of this stock worth today is $3.15

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The standard format rules for a professional letter should be followed. <br><br><br> True or false.
Luda [366]

Answer:

True.

Explanation:

To write a professional letter, some standard format rules need to be followed.

It is necessary that the letter is written using a formal vocabulary, with clear and precise information, in the appropriate format, containing date, information about your professional profile, about the company and a final greeting.

To achieve an important objective, such as getting a job, it is important to have good writing skills to write a professional letter, in order to demonstrate through your arguments, your skills and competences, which can contribute to the success of a company.

6 0
3 years ago
Where could student researchers and/or student subjects find additional resources regarding the IRB approval process? Select all
maksim [4K]

Answer:

The correct answer to the following question will be Option D (IRB Office).

Explanation:

  • By federal, state, and local ordinances, college strategies, or professional ethics, the IRB office enables the MSU processes. IRB board members are allocated incoming application forms, mainly based on the Principal Investigator's College or Department, subject to availability and work load.
  • The IRB office's mission is to promote IRB review procedures, provide support to help adherence with relevant federal, local, and state regulations, university processes and procedures, and to protect human subjects, and provide researchers with prompt, client-oriented service.

Therefore, Option D is the right answer.

7 0
3 years ago
Bing engaged Dill to perform personal services for $2,200 a month for a period of four months. The contract was entered into ora
Maurinko [17]

Answer:

Bing can immediately sue for breach of contract

Explanation:

Based on the scenario that is being described, Bing can immediately sue for breach of contract. Breaching a contract is when one party in a binding agreement fails to deliver according to the terms of the agreement. When Dill made an anticipatory repudiation, he basically stated that he does not intend to live up to the obligations of the contract that he had agreed to, therefore breaching the contract and becoming liable.

4 0
3 years ago
Bricktown Exchange purchases a copyright for $50,000. The copyright has a remaining legal life of 25 years, but only an expected
Fittoniya [83]

Answer:

$40,000

Explanation:

Straight line ammortization expense each year = (Cost of the asset - Salvage value) / useful life

$50,000 / 5 = $10,000

Carrying value = Cost of asset - amortization expense = $50,000 - $10,000 = $40,000

I hope my answer helps you

3 0
3 years ago
The company can manufacture either 3 couches per machine hour or 2 ​bed(s) per machine hour. The​ company's production capacity
e-lub [12.9K]

Answer:

Based on the available information, the company should produce 27,900 units of  couches in a month. This decision may be different  if we have the product profitability information in terms of contribution of each product.

                                                         

Explanation:

                                                                                  Couches             Bed(s)  

Production per machine hour (unit)                                   3                   2

Available Capacity (Machine hour per month)                9,300           9,300

Total possible production (unit) (9,300 x 3)-Couches   27,900

Total possible production (unit) (9,300 x 2)-Bed                                  18,600

Based on the available information, the company should produce 27,900 units of  couches since it is the production activities that produces a higher number of units in a month compared to the production of beds which can only yield 18,600 units  considering the available production capacity of 9,300 machine hours per month.

The decision may be different if we have the product profitability information in terms of contribution of each product.

4 0
3 years ago
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