Answer:
8%
Explanation:
This is calculated by using the Gordon growth model (GGM) formula which has the assumption that
dividend growth rate will be stable year after year forever. The formula is as follows:
P = d/(r – g) ……………………………………… (1)
Where;
P = current share price = $24.38
d = next year dividend = 0.56*1.06 = 0.5936
r = required return = ?
g = dividend constant growth forever = 6%, or 0.06
Substituting the values into equation and solve for r, we have:
24.38 = 0.5936/(r – 0.06)
24.38(r – 0.06) = 0.5936
24.38r – 1.4628 = 0.5936
24.38r = 0.5936 + 1.4628
r = 2.0564/24.38
r = 0.08, or 8%
Therefore, the required return on SONC is 8%.
Answer:
THERE ARE SCARCITY EVEN IN AN AFFLUENT COUNTRY LIKE THE UNITED STATES BECAUSE WANTS ARE LIMITED BUT NEEDS ARE UNLIMITED. SOME PEOPLE ARE POOR WHILE OTHERS ARE WEALTHY
Survey
<span>Surveys in the form of questionnaires, interviews or
observations are useful ways to collect data such as opinions, preferences and
insights from a sample or group of people. In Savannah's case, where she
wants to find out why her audience members are interested in attending her
conference, she can either give them/ email them a questionnaire to fill out, or she can interview
them in person or through a telephone call. </span>
Answer:
A) Simple random sample
B)Cluster sample
C)Convenience sample
Explanation:
A is simple random sample because each item in it has an equal chance of selection in the sample.
Cluster is used here to divide the states into regions and then assigning codes to them.
Whereas third one is convenience sampling because sample is formed from information that is close to hand