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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The way for Rafael to accomplish his goal is finish with a good grade in school, have a clean record and then apply to the police academy.
<h3>What does it mean to accomplish one's goal?</h3>
For a person to be able to achieve a specific aim, they have to succeed in doing putting effort to doing he right thing that can lead to the success of that goal.
Hence the best thing for Rafael to accomplish his goal is finish with a good grade in school, have a clean record, no fighting, criminal records or any form of abuse and then He can apply to the police academy.
Learn more about goal from
brainly.com/question/24693533
If it is a single die rolled then the probability is 1/6 but if it is a pair of dice then the probability is going to be doubled and it becomes 1/36
Answer: 10
Explanation:
When the number removed, the mean change from 12 to 11, so we assume that the removed number, x, has related to the median.
To find the removed number x, we sat their average equal to 11.
(12 + x) /2 = 11
12 + x = 22
x = 10
Answer:One factor that enabled the Renaissance to flourish in Northern Italy was that the region had a wealthy class that invested in the arts. During this period, there were many rich families that heavily invested and supported artworks and their artists. One of the most prominent families at the time was the Medici family who were benefactors of artists like Michelangelo and Botticelli.
Explanation:
