Based on the dividend paid, the dividend growth rate, and the required return, the price of the stock is $51.20
<h3>What is the price of the stock?</h3>
This can be solved by the Gordon Growth Model:
Price of stock = Next dividend / (Required return - growth rate)
Solving gives:
= (3.20 x 1.04) / (0.105 - 0.04)
= 3.328 / 0.065
= $51.20
Question is:
Find the price of the stock
Find out more on the Gordon Growth Model at brainly.com/question/18760464
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Glucose, which is a monosaccharide, is a carbohydrate produced through the photosynthesis process in plant leaves that contain the chloroplasts. The glucosethat plants do not use immediately is converted into larger molecules of glucoseand stored as starch for later use as an energy source. This is the main function of glucose in plants .
"Has" would make more sense. A tip would be to read the sentence with both words, one word at a time obviously (So Everyone HAS already voted in the election.) and just go with your gut on which one makes more sense, you can do it!
