Answer:
(D)
Explanation:
You can input any value for x and the result will be a real number
The amount of money paid into a company by its owners is referred to as the invested capital.
<h3>What is the invested capital?</h3>
The expression 'invested capital' makes reference to the physical resources (generally cash) that is provided to a company for its development/growth.
The invested capital is a fundamental issue for the success of a company or organization, especially in the early stages of development.
The invested capital of a given company can be mathematically estimated by adding assets and subtracting liabilities, which in the economy field is known as a balance sheet.
In conclusion, the amount of money paid into a company by its owners is referred to as the invested capital.
Learn more about the invested capital here:
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For a third and subsequent offenses of driving without auto insurance coverage in the state of Florida, you will have your license and registration suspended for up to three years, and will pay a $500 reinstatement fee if the lapse occurred within three years of your last offense.
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
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