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katovenus [111]
2 years ago
11

Peterson Packaging Inc. does not currently pay dividends. The company will start with a ​$0.70 dividend at the end of year three

and grow it by 10​% for each of the next six years. After six years of​ growth, it will fix its dividend at ​$1.36 forever. If you want a 15​% return on this​ stock, what should you pay today given this future dividend​ stream?
Mathematics
1 answer:
charle [14.2K]2 years ago
5 0
$1.40 because I think so
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Can anyone help me out on this
swat32

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given m = 1/8 and a point we can find b by plugging in what we have

1=1/8(8)+b

1=1b

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So then we know m = 1/8 and b = 1

y=1/8x+1 is the answer

3 0
2 years ago
If hugo goes out for dinner and pays 2$ of sales tax on a 20$ meal what percentage is the sales tax in his city?
vesna_86 [32]
<h3>Answer:  10%</h3>

Work Shown:

2/20 = 0.10 = 10%

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Step-by-step explanation:

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3 years ago
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I ain’t givin u no answer do yo work
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