Answer:
$41.39
Explanation:
Data provided in the question:
Annul Dividend paid, D0 = $2.84 per share
Growth rate, g = 1.85% = 0.0185
Rate of return required, r = 10.4% = 0.104
Now,
Current price of the stock at year 11 = D12 ÷ [ r - g]
= [ $2.84 × (1 + g)¹²] ÷ [ r - g]
= [ $2.84 × (1 + 0.0185)¹²] ÷ [ 0.104 - 0.0185]
= 3.539 ÷ 0.0855
= $41.39
Answer:
Assets and liabilities both will increase by $70,000.
Explanation:
Given data provided
Purchase land = $100,000
Cash payment = $30,000
The computation of net effect is shown below:-
= Purchase land - Cash payment
= $100,000 - $30,000
= $70,000
Therefore, for computing the net effect we simply deduct cash payment from purchase land. So, Assets and liabilities both will increase by $70,000.
Answer:
probably cant figure it out
Explanation:
Answer:
what is the main risk you face when you buy stocks at investments
c your stock can be bought and sold by the company without your approval.
