Answer:
C. $11.03
Explanation:
We need to first compute the firm's value which is shown below.
Firm's value = Free cash flow ÷ (Weighted average cost of capital - Growth rate)
Firm's value = $4.7 million ÷ ( 10.8% - 3.7%)
= $4.7 million ÷ 7.1%
= $66,197,183
Stock price = (Firm value - Debt) ÷ Number of shares
= ($66,197,183 - $33,100,000) ÷ 3,000,000
= $33,097,183 ÷ 3,000,000
= $11.03
Answer:
(C) reached the rate of 80 billion percent per month.
Explanation:
Inflation in Zimbabwe in 2008 -
In the year 2008 , Zimbabwe was in a condition of hyperinflation , which started in the February 2007 , and was extremely high in the year 2008 to 2009 .
During this time the government of Zimbabwe stop to fill the official inflation statistics , and hence it became very difficult to measure Zimbabwe's hyperinflation .
But the estimated amount was around 80 billion percent per month .
T. inflation is a very big issue
