Answer:
<u>The current value of Vincent's Hotel common stock is US$ 12.95, that fulfills the requirement of an investor of 17% of rate of return annually.</u>
Step-by-step explanation:
1. Let's review the information given for answering correctly the question:
Currently common stock dividend = US$ 2.20
Annual growth of the dividend for the next 2 years = 3%
Annual growth of the dividend after the next 2 years = 0%
2. What is the current value of Vincent’s Hotel common stock to an investor requiring 17% rate of return?
17% = 0.17
Current value of Vincent's Hotel common stock = 2.20/0.17
<u>Current value of Vincent's Hotel common stock = US$ 12.95</u>
E-english class
M-math class
E=1/2s•M
Answer:
y = -5
Step-by-step explanation:
-3x +9y = -57
Let x = 4
-3*4 +9y = -57
-12 +9y = -57
Add 12 to each side
-12+12 +9y = -57+12
9y = -45
Divide each side by 9
9y/9 = -45/9
y = -5
If you want to benefit from increase in property value
Answer:
i dont think so.
Step-by-step explanation:
