Complete Question:
BenchMark, Inc., just paid a dividend of $3.45 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a return of 13 percent on the stock for the first three years, a return of 11 percent for the next three years, and then a return of 9 percent thereafter. What is the current share price for the stock.
Answer:
BenchMark, Inc.
The current share price for the stock is:
$43.13
Explanation:
a) Data and Calculations:
Dividend per share = $3.45
Growth rate = 5%
Investors' required rate of return = 13%
Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)
= $3.45/(0.13 - 0.05)
= $43.13
b) We can calculate BenchMark's current share price, by dividing the dividend per share by the investors' required rate of return after subtracting the growth rate from the required rate of return.
Answer:
the need that drives a person to work and even struggle for the objective that he wants to achieve
Explanation:
Every country looks for a ways to protect the interest of her citizens. Hence, in this case, the United States engages in trade policy.
<h3>
Trade Policy</h3>
Trade policy is a government's policy regulating international trade. Trade policy is an enbedded term that is used to cater for issues related to international trade. Types and aspects of trade policy include: regionalism, Bilateral free trade and Preferential trade agreements.
Therefore, the correct answer is trade policy.
learn more about trade policy from here: brainly.com/question/15115779
Answer: false
Explanation: A code - decoder, or codec for short, is an algorithm that encodes data by decompressing data that is recieved, and compresses data for a faster transmission. Codecs are normally used to digitize video or audio signal for transmission. In electronics, a DAC, or digital - to - analog converter can be used to convert a digital signal to an analog signal over an analog network.
A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
<h3>Who is poverty-stricken poverty?</h3>
A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.
There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.
It is characterized by excessive indulgence, low self-regulation, exploitation of others, and limited motivation and effort.
Therefore, Option C is the correct answer that is A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
To learn more about poverty-stricken person, refer:
brainly.com/question/13671318
