Answer: $28.14
Step-by-step explanation:
The following information can be gotten from the question:
Stock price(P) = $20
Dividend (D1) = $2
Required rate of return = 15% = 0.15
To calculate growth rate, we use:
P=D1/(k-g)
20=2/(0.15-g)
20(0.15-g) = 2
3 - 20g = 2
20g = 1
g = 1/20
g = 0.05 = 5%
To calculate the price after 7 years, this means we will have to find the dividend for the 8th year.
D8=D1(1+.05)^7
D8 = 2(1+0.5)^7
D8= 2.814
Then,
P7=D8/(K-G),
P7 = 2.814/(0.15 - 0.05)
P7 = 2.814/0.1
P7=28.14
The expected price of the stock seven years from now will be $28.14
It is 1/3. divide by 4 on both of them, and there’s your answer!
D.146
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Answer:
The bookshelf will fit between the windows with 1 inch remaining.
Step-by-step explanation:
Total width available for bookshelf
Six and half feet = 6.5 feet = 78 inches
Total width of the bookshelf = 77 inches
Hence, the bookshelf Mrs. Aguilar has purchased will fit between the windows with 1 inch remaining.
Answer:
A - cos m∠B=2 square root /5
Step-by-step explanation: