StoreAge Inc. recently paid its annual dividend ($3.00), and reported an ROE of 15%, of which 50% is paid as dividends. The stoc
k has a beta of 1.28. The current risk-free rate is 2.60% and the market risk premium (RM - RF) is 7.00%. Assuming that CAPM holds, what is the intrinsic value of this stock? a) $75.43
b) $85.76
c) $79.43
d) $76.57
e) $75.75
"Mr. Fitzgerald is selling his home to permanently move into a retirement" He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term. This is further explained below.
<h3>What is prescription drug plan?</h3>
Generally, Prescription drug plans (PDPs) are another name for Medicare Part D. These policies are available on their own from private insurance providers.
In conclusion, He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term.
A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.
The characteristics of a competitive market are:
Homogeneity of product: The product are made by different producers and encourages competition.
There are existence of many buyers and sellers in the market.
There is an access to derive perfect information on price of a product at any outlet in the market.
There are no charges for transaction costs in a competitive market
No barriers to entry into or exit.
In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.
