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anzhelika [568]
3 years ago
12

Branford has one share of stock and one bond. The total value of the two securities is $1,200. The bond has a YTM of 10.2%, a co

upon rate of 9.2%, and a face value of $1,000; pays semi-annual coupons with the next one expected in 6 months; and matures in 8 years. The stock pays annual dividends and the next dividend is expected to be $24.87 and paid in one year. The expected return for the stock is 15.2%. What is the price of the stock expected to be in 1 year?
Business
1 answer:
riadik2000 [5.3K]3 years ago
8 0

Answer:

The price of the stock is expected to be $188.16 in 1 year.

Explanation:

This can be determined as follows:

Current price of the stock = Expected next dividend / Expected return = $24.87 / 15.2% = $163.62

Expected stock price in 1 year = Current price of the stock * (100% + Expected return)^Number of year = $163.62 * (100% + 15.2%)^1 = $188.16

Therefore, the price of the stock is expected to be $188.16 in 1 year.

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Abe Lincoln was scheduled to give a speech that was rumored to be better than his Gettysburg Address. Many citizens were plannin
Assoli18 [71]

Answer:discharge by frustration of purpose

Explanation:

Discharge by frustration of purpose is a defense concept used in law in order to bring about a breach or termination of a contract.This occurs when unplanned,spontaneous or unforeseen circumstances occurs and thus,it prohibits or prevents the core reason in which the contract was being entered into at the time of the contracts agreement,with both parties fully aware of the core reason which brought about the establishment of the contract.That is to say,the primary objective in which the contract was being created upon has automatically brought about a halt of the secondary reason(which is the contract itself),having in mind that both parties were originally aware of the primary reason for entering the contract.

Here,Paul and Patti Smith rented a room an amount triple it's original price because they were so excited to hear Lincoln speak. A day before Lincoln's speech, he was assassinated.So this disappointment brought about a "discharge by frustration of purpose" by the Smiths,not forgetting that that The bed and breakfast knew it was their original intent,that's why they paid such exorbitant prices for the room rental,although it sued them.

5 0
3 years ago
What kind of funding creates part owners or shareholders
Ilia_Sergeevich [38]
You have to have permission from the owner and the banks to have part owner ship of anything and it can also be written out and signed from the owners them selfs.
5 0
3 years ago
Read 2 more answers
Calvin and Hobbes run a company that sells only two items: T-shirts and car decals. Calvin is fast at making decals and very slo
Delvig [45]

Answer:

A

B

C

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

A person should specialise in the production of goods for which they have a comparative advantage. this maximises total output

Calvin has a comparative advantage in making decals because he is faster compared to Hobbes. He should specialise in making decals.

Hobbes has a comparative advantage in making shirts because he is faster compared to Calvin. He should specialise in making shirts

3 0
3 years ago
One of the key advantages of a franchise is: receiving management and marketing expertise from the franchisor. fewer restriction
Korvikt [17]
I think the most appropriate answer would be "receiving management and marketing expertise from the franchisor".


I hope it helped you!
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