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Stels [109]
3 years ago
6

You own 2,400 shares of Stephen Inc. The company plans on issuing a dividend of $.75 a share at the end of this year and then is

suing a final liquidating dividend of $8.20 a share at the end of next year. Your required rate of return on this security is 17 percent. Ignoring taxes, what is the value of one share of this stock to you today?
Business
1 answer:
ch4aika [34]3 years ago
6 0

Answer:

the one share value at today is $6.63

Explanation:

The computation of the one share value at today is shown below:

Price is

= (Dividend at the year 1) ÷ (1 + required rate of return)^1  +  (Dividend at the year 2) ÷ (1 + required rate of return)^2

= ($0.75) ÷ (1 + 0.17)^1 + ($8.20)  ÷ (1 + 0.17)^2

= 0.641025641  + 5.990211118

= $6.631236759

hence, the one share value at today is $6.63

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jolli1 [7]

Answer:

B) Yes No

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3 years ago
To promote interest in attending a convention, you should send out a/an A. site inspection. B. convention program. C. invitation
konstantin123 [22]
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7 0
3 years ago
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tester [92]

Explanation:

A: Together their flat is $500, however if they were to live separately it'd be $350 per month. 350x2= 700. They save $200 by sharing a flat. However, if Karl plays John $175 a month to keep the dirty dishes away, then 200>175. Therefore, they should live together.

Karl could just live alone and pay the $350 to live alone with no dish problem.  Since Karl will play $175 to rid the dish problem the highest rent he'll pay is 350-175=175. John would pay 500-175=325<350 this shows it better for John to live with Karl.

B: If living alone, John would pay £ 350. The highest monthly rent he would be willing to pay for the shared apartment is: £ 350- £ 30 = £ 320. This means that Karl would need to pay at least: £ 500- £ 320 = £ 180. But the highest monthly rent Karl would be willing to pay is : £ 175. They should live separately.

hope this helps you out a bit, I know its a lot. But its math, what do we expect. lol

6 0
4 years ago
You have been hired as a marketing director for Terraineous, a hiking apparel and footwear company. Your most urgent problem is
Sphinxa [80]

Answer:

The answer is: People variable

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People variable refers to the task individuals perform to support the product. They include service providers, customer service, marketers, etc.

This more modern approach (proposed in 1981) is mostly used for selling services, but has gained importance with more modern and technical products.

5 0
3 years ago
The career you pick in middle or high school is the one you will stick with your whole life.
frez [133]

Answer: B. False

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8 0
2 years ago
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