9 divided by 83 = .1084. .1084 is the quotient.
1-.63=.37. so $0.63+$0.37=$1.00
Answer:
Expected rate of return =7.1% (Approx.)
Step-by-step explanation:
Given:
Current stock price = $50
Divided d = $2
Growth rate g = 5 %
Find:
Expected rate of return
Computation:
Expected rate of return = D(1+g)/Current Price + g
Expected rate of return = [2(1+5%)/50] + 5%
Expected rate of return =7.1% (Approx.)
Yes because if you divide both, the numerator and denominator, by 7 it would simplify to 10/3, so they are equivalent.
Answer:
About 30 min.
Step-by-step explanation:
Since it takes 10 min to walk a half of mile, it will take 20 min to walk a whole mile.
Since we will be walking one and a half miles, it should take about 30 minutes.
Hope this helps.
