Answer:
The intrinsic value of the stock is 9.76
Explanation:
We have to use the dividend growth model
It is fundamental to understand that these values are in the future so we must take them to present value, using the required return of 14%
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We multiply year 3 by 1.16 to get year 4
Then we multiply year 4 by 1.16 to get year 5 dividends.
Then we use the dividend growth model to get the value ofthe future years

Again, this value is set 5 years into the future, so we have to calculate the present value

Same process is done for year 3 and 4


Then we add the three values to get the value of the stock today.
Answer:
Explanation:
The journal entry is shown below:
Interest Expense A/c Dr $30,600
Note Payable A/c Dr $22,379
To Cash A/c $52,979
(Being payment of the first installment is recorded and the remaining balance is debited to note payable account)
The interest expense is computed below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $340,000× 9% × (12 months ÷ 12 months)
= $30,600
Answer:
i. The training method was on-the-job training.
ii. Christine's performance error was stereotyping.
Explanation: On-the-job training is a learning process in which a worker is trained on how to perform certain tasks by actually doing those tasks, where an experienced colleague, supervisor or manager will usually serve as the trainer.
Stereotyping is the act for generalizing a particular category of people, it is having an expectation of a person or group of persons that they might behave or act in a certain way.
Christine in the scenario above, has ranked Jon using a stereotype that he is young new to the job, therefore that is the reason why he did not perform well or up to standard.
Answer:
-11.8%
Explanation:
the key to answer this question is to remember that valuation of a bond depends basically of calculating the present value of a series of cash flows, so let´s think about a bond as if you were a lender so you will get interest by the money you lend (coupon) and at the end of n years you will get back the money you lend at the beginnin (principal), so applying math we have the bond value given by:

so in this particular case that one year later there are 29 years to maturity so we have:


so as we have a higher rate the investment has the next return:

