Answer:
NC = 7.7
C = 63.6°
T = 26.4°
Step-by-step explanation:
✔️Apply pythagorean theorem to find the length of NC:
NC = √(17.2² - 15.4²) = √58.68
NC ≈ 7.7
✔️Apply trigonometric function to find Angle T:
Reference angle = T
Hypotenuse = 17.2
Adjacent length = 15.4
Apply CAH, thus:
T ≈ 26.4°
✔️C = 180 - (90 + 26.4) (sum of triangle)
C = 63.6°
The current price of the stock given the dividend, cost of equity and growth rates is $46.90.
<h3>What is the current stock price?</h3>
Thw two-stage dividend growth model would be used to determine the value of the stock.
First stage:
- dividend in Y1 = 1.20x 1.12 = 1.344
- dividend in Y2 = 1.20 x 1.12^2 = 1.505
- dividend in Y3 = 1.20 x 1.12^3 = 1.69
Second stage:
Y3 = (1.69 X 1.06) / (0.095 - 0.06) = 51.059
Find the present value of these cash flows
(1.344 / 1.095) + (1.505 / 1.095²) + (1.69 / 1.095³) + (51.059/1.095³) = $46.90
To learn more about the two stage dividend model, please check: brainly.com/question/26564273
The answer is .48 because 6/15 is 4. which means .48 is bigger
Its blurry cant see anything reallly
