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3 years ago

7

what was the main cause behind the lowell strike in the mid nineteenth century? (a. wage cuts)( b. working hours) (c. living con

ditions) (d. no education)

1 answer:

shtirl [24]3 years ago

4 0

A I believe is your answer

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3 years ago

One way for high school students to explore their interests is to:

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The correct answer is Banks view franchises as having fewer risks than other start-up businesses.

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3 years ago

A politician says, "We could help low-wage workers by offering them tax credits like the earned income tax credit, but it would

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2 years ago

Hi-Tek is a young start-up company. No dividends will be paid on the stock over the next 15 years, because the firm needs to plo

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Answer:

current share price = $5.40

so correct option is C. $5.40

Explanation:

given data

dividends paid = 15 years

pay = $6 per share

increase = 4%

to find out

current share price

solution

we know that Value after year 15 will be = ( D15 × Growth rate) ÷ (required return - growth rate) ......................1

put here value

Value after year 15 = $\frac{6*(1+0.4)}{0.16 - 0.04}$

Value after year 15 = $52

so here current share price will be

current share price = Future dividends × Present value of discounting factor

current share price = $\frac{6}{(1+0.16)^{16}}+\frac{52}{(1+0.16)^{16}}$

current share price = $5.40

so correct option is C. $5.40

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3 years ago