3 years ago

Can I get provided with an explanation of how to work this out as well with the answer please ?

Mathematics

1 answer:

Yakvenalex [24]3 years ago

4 0

Ummmmmmmmmmmmmmmmmmmmm ummmm uhhhhgh

You might be interested in

Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 38.00% for 2 years, af

WITCHER [35]

Answer:

Estimated current stock price is $46.84

Step-by-step explanation:

First we have to find the value of dividend payment $t_1, t_2 \& t_3$

Given $D_0=$1.75$

Yearly growth rate for next 2 years( $g_1$ )=38.00%

$D_1=\$1.75\times 1.38=\$2.42$

$D_2=\$2.42\times1.38=\$3.34$

Growth after two years will 6% indefinitely

$g_2=6\%=\dfrac{6}{100}=0.06$

$D_3=\$3.34\times1.06=\$3.54$

Estimate of current stock price is

$=\dfrac{D_1}{(1+r)}+\dfrac{D_2}{(1+r)^{2}}+\dfrac{\dfrac{D_3}{(r-g_2)}}{(1-r)^{3}}$

$=\dfrac{\$2.42}{(1.12)}+\dfrac{\$3.34}{(1.12)^{2}}+\dfrac{\dfrac{\$3.54}{(0.12-0.06)}}{(1.12)^{3}}$

=$46.84

Estimate of current stock price is =$46.84

3 0

2 years ago

Lowest common multiple of 9

ch4aika [34]

Is 3.

3×3=9

Hope this helps!

3 0

3 years ago

330 six graders were asked what their favorite sport is. 20% said baseball, how many students said baseball

Harrizon [31]

Answer:

Step-by-step explanation:

10% of 330 = 33

another 10% of 330 = 33

therefore, 20% of 330 = 66

6 0

2 years ago

For a survey of senior citizens, a copy of the annual city census is obtained, and 30,000 residents 65 years of age and older ar

zalisa [80]

Answer: The sampling frame is 400 and the sample 250.

Step-by-step explanation:

The sampling frame is a list of elements used to determine the samples. The sampling frame contains 400 senior citizens of which 250 samples were interviewed.

4 0

3 years ago

How do you solve this equation step-by-step? (below)<br><br><br> 4a + 8 - 2a - 3 = 45

Rashid [163]

Answer:

a=20

Step-by-step explanation:

4a+8-2a-3=45

-8 on both sides

4a-2a-3=37

+3 on both sides

4a-2a=40

2a=40

a=20

5 0

3 years ago

Read 2 more answers