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enot [183]
2 years ago
8

Your firm has preferred stock outstanding that pays a current dividend of $3.00 per year and has a current price of $39.50. You

anticipate that the economy will grow steadily at a rate of 3.00% per year for the foreseeable future. What is the market required rate of return on your firm's preferred stock?
Business
1 answer:
aksik [14]2 years ago
7 0

Answer:

7.59%

Explanation:

the dividend is a perpetuality, so the formula for determining the price is :

Price = dividend / required rate of return

$39.50 = $3 / required rate of return

required rate of return = $3 / $39.50 = 0.0759 = 7.59%

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Imagine that you are the marketing manager of a hotel chain that wants to implement a customer reward and loyalty program. You r
Goryan [66]

Answer:

customer relationship management

Explanation:

Customer relationship management (CRM) can be defined as the <u>combination of practices, strategies and technologies that companies use to manage and analyze customer interactions</u> with the goal of improving customer service relationships and assisting in <u>customer retention and driving sales</u>.

The desire to implement a customer reward and loyalty program in Sabre Hospitality Solutions has no other intention and purpose but <u>customer retention and improvement of sales.</u>

Hence, the loyalty implementation program is a customer relationship management strategy.

4 0
2 years ago
Co
AURORKA [14]

Answer:Introduction

Explanation:

5 0
2 years ago
assume that you provide your services in a company as its HR representative you must create the code of conduct manual for the c
muminat

The conduct code or a manual basically has to define the ways in which people must act in the company.

Explanation:

Every company has a set of standards and how the work culture exists in their company.

This is often a direct inference of the practices of their company in the market and what their place is according to it.

It also depends on what industry the company is a part of.

Thus, the manual makes sure there is a directive way of understanding the rules of conduct of every worker within a company and even for the managers and executive there exists this way of understanding what it is about.

3 0
3 years ago
Which of the marks of good leadership do you feel is the most important? (Take your time)
Alinara [238K]

Answer: I would say communication and honesty

Explanation: I pick these to bc if you want something done you have to ask ppl around you if you don't know and being honest is trustworthy jus don't lie all the time ya feel. this is my reasons

7 0
3 years ago
DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced __________ performance in the
Goryan [66]

Answer:

DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced <em>good</em> performance in the following period and that the best-performing stocks in one time period experienced <em>poor</em> performance in the following time period.

Explanation:

DeBondt and Thaler carried out a study that examined stocks of 35 worst and best performing firms over a previous five-year period.The study showed that over the following three-year period, the firms that were previously performing poorly performed better than the former best performing firms, by an average of 25%.This reversal in the fortunes of stocks of firms in the following period is called the Reversal Effect.

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