The stock price is $27.774.
The stock price can be determined using the Gordon constant dividend growth model. According to the model:
Stock price = DI / (r - g)
Where:
- D1 = dividend in the next period = 1 x ( 1.054) = 1.054
- r = required rate of return
- g = growth rate
1.054 / (9.2 - 5.4)
1.054 / 3.8
1.054 / 0.038
= $27.74
A similar question was answered here: brainly.com/question/14058705
Answer:
directors are the trustees of the company's money and property, and also act as agents in the transaction which they enter into on behalf of the company. Directors are liable as trustees for breach of trust, if they misapplied the funds or committed breach of byelaws of the company.
An auditor is an authorised personnel that reviews and verifies the accuracy of financial records and ensures that companies comply with tax norms. They primarily objective is to protect businesses from fraud, highlight any discrepancies in accounting methods, among other things.
Answer and explanation:
Marginal Utility refers to the benefit or satisfaction obtained from consuming one more unit of a good or service. In economics, something has utility if it satisfies any consumer want or needs whether for usefulness or pleasure. It is a subjective term.
Thus, <em>if the price of ticket movies decreases, its marginal utility will decrease and the marginal utility of tickets for basketball games will increase.</em>
Answer:
Compensatory Damages
Explanation:
Based on this scenario it can be said that Donald is entitled to Compensatory Damages. This is a lawsuit that covers the loss that the non-breaching party incurred as a result of the breach of contract. In this scenario, Donald's employer breached the contract by firing Donald before the twelve months. Therefore Donald can sue for compensatory damages which would be the amount of money that he would have made in the rest of the twelve months.