Answer: Jeremy completed his engineering degree.
Explanation:
Since Jeremy has a college degree in engineering he makes more money than Rose who dropped out of college. College graduates are in higher demand to work the jobs that pay more than smaller companies. If Rose had of completed her college degree she could of found a job that uses her education and made more money.
Since Jeremy has a specific degree the company hired him based on his knowledge of the subject. He will be paid higher and most likely have better benefits than someone in an entry level position.
For dynamic Industries paid a dividend of $1.65 on its common stock yesterday, the value of Wallace Industries stock 2 years from now is mathematically given as
SV= 106.84
<h3>What is the value of stock in 2 years?</h3>
Generally, the equation for the rate of return is mathematically given as
Ke = Rf + risk premium
Therefore
Ke= 3% + 8%
Ke=11%
Hence
D3=Do*(1+g)^3
D3=1.65 x (1+0.09)^3
Do= 2.137
In conclusion, the value of stock in 2 years is
SV= D3/ (Ke-g)
Therefore
SV= 2.137/(0.11-0.09
SV= 106.84
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Rejected. As the damaged packaging, and lack of label, show it may have been opened and contaminated.
