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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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Answer: 0.99
Explanation:
Chance she will use red roses: 98%
Chance she will use orchids: 87%
Chance she will use Gerber daisies: 94%
probability she has both roses and orchids: 0.82
Probability she has both Gerber daisies and roses: 0.97
What is the probability she has Gerber daisies as she has already chosen red roses =?
Probability of having daisies and choosing red roses= Probability of Daisies and roses/ Probability of red roses)
0.97/0.98 = 0.99
Explanation:
Given
perpendicular (p) = 48
base(b) = 14
hypotenuse (h) = x = ?
We know by using Pythagoras theorem
x² = p² + b²
x² = 48² + 14²
x² =2304 + 196
x² = 2500
x = √2500
Therefore x = 50
Hope it will help you :)
Answer:
c because if they are in an improper format, they will not be able to be uploaded
