Accurate think so if my answer is wrong Nm
Answer: c. $2.50
Explanation:
Using the Gordon Growth Model;
Price = Next Dividend / (required return - growth rate)
45.50 = (Dividend * (1 + 9%)) / ( 15% - 9%)
45.50 * 6% = 1.09 * Dividend
2.73 = 1.09 * Dividend
Dividend = 2.73/1.09
= $2.50
Answer: The Creator, The Builder, and The Operator
Answer: What is law of demand with example? The law of demand dictates that when prices go up, demand goes down – and when prices go down, demand goes up. For instance, a baker sells bread rolls for $1 each. They sell 50 each day at that price.
Explanation:
Sole proprietorship is a business enterprise which is solely owned, managed and controlled by one person known as a sole proprietor or proprietress.
It is also the oldest and most commonest business entity found in <em>Africa</em>.
This is because, it requires only a little amount to start it.
Examples; Petty trading, Farming, Pure water production, Barbering etc.
Hope it helps.