According to which concept, all expenses incurred to earn revenue of a particular period should be charged against that revenue to determine the net income
Answer : Matching Concepts
Answer:
B. Rescission and Restitution
Explanation:
Answer:
B
Explanation:
Intrinsic value of the stock using the constant growth DDM model = D1 / r - g
D1 = dividend in the following year
r = required return
g = growth rate
Since the growth rate and required rate and growth rate of both stocks are the same, the intrinsic value of both stocks would be equal to :
$7 / 0.12 - .06 = $116.7
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