Answer:
Estimated current stock price is $46.84
Step-by-step explanation:
First we have to find the value of dividend payment
Given
Yearly growth rate for next 2 years( )=38.00%
Growth after two years will 6% indefinitely
Estimate of current stock price is
=$46.84
Estimate of current stock price is =$46.84
Answer:
width = 2.5 feet
Step-by-step explanation:
Suzanne has a rectangular garden which is 18 feet long and 11 feet wide.
Area of the garden = length times width = 18 times 11= 198 square foot
Let 'w' be the width of the border
Length of the garden with border = 18+2w
Width of the garden with border = 11+2w
Area of the garden with border =
Area of the border =
She has 168 square foot of paving stones,
Solve for w
apply quadratic formula
a= 4, b= 58 and c=-168
we get two values for w