Jon works for a major bank. The revised employee handbook that he received 5 years ago says that all employees with 25 years of
1 answer:
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Answer:
So the current stock price will be $102.5
Explanation:
We have given that next year dividend
Growth rate = 6 % = 0.06
Required return Ke = 10% = 0.01
We have to find the company current stock price
We know that current stock price is given by
So the current stock price will be $102.5
Answer:
C. The Federal Reserve will need to have official reserves of euros to purchase dollars in the foreign exchange market.
Explanation:
Federal Reserve required to have a euros reserves as it can applied it also at the case when the exchange rate is move upward or downward
For the other things, the fed could restrict the supply with respect to the dollar in the foreign exchange market in order to get it stable that opposed with euro
Therefore the option c is correct
