1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jarptica [38.1K]
2 years ago
11

BioScience Inc. will pay a common stock dividend of $3.20 at the end of the year (D1). The required return on common stock (Ke)

is 14 percent. The firm has a constant growth rate (g) of 9 percent. Compute the current price of the stock (P0).
Business
1 answer:
kotykmax [81]2 years ago
7 0

Based on the information given the current price of the stock (P0) is $64.

<h3>Current price of stock (P0)</h3>

Using this formula

Current price of stock (P0)=D1/(Ke-g)

Where:

Dividend (D1)= $3.20

Required return on common stock (Ke)= 14 percent

Constant growth rate (g)=9 percent

Let plug in the formula

Current price of stock (P0)=$3.20/(14%-9%)

Current price of stock (P0)=$3.20/5%

Current price of stock (P0)=$64

Inconclusion  the current price of the stock (P0) is $64.

Learn more about current price of the stock (P0) here:brainly.com/question/18522036

You might be interested in
What is generally the difference between blue-collar workers and white-collar workers?
gayaneshka [121]
White-collar<span> work is performed in an office, cubicle, or other administrative setting.  </span>blue-collar workers<span>, whose job requires manual labors </span>
7 0
2 years ago
services act as a middleman, allowing individuals to securely send and receive money. select all that apply. a. p2p b. b2b c. b2
k0ka [10]

Services act as a middleman, allowing individuals to securely send and receive money is A. p2p

<h3>How to illustrate the information?</h3>

It should be noted that p2p simply means the peer to peer platform that allows two individuals to be able to interact directly without the third party.

Peer-to-peer (P2P) lending eliminates the need for a middleman financial institution by allowing borrowers to get loans directly from other borrowers. P2P lending has become much more popular as a substitute for traditional funding thanks to websites that make it possible.

It should be noted that they act as services that act as a middleman, allowing individuals to securely send and receive money.

Therefore, the correct option is A.

Learn more about money on:

brainly.com/question/24373500

#SPJ1

7 0
1 year ago
How is goodwill calculated? A. The amount paid to purchase a business in excess of the market value of its net assets. B. An est
kondaur [170]

Answer:

Goodwill is calculated as A. The amount paid to purchase a business in excess of the market value of its net assets.

Explanation:

Goodwill is the quantification of the value of the name or reputation of a business. It is an intangible asset for the business that arises and is recorded as part of a business's value when it is sold. Goodwill is the additional amount paid by the buyer in excess of the amount that a business's tangible net assets are worth. Thus, goodwill can be calculated as the amount paid in to purchase a business in excess of the market value of its net assets.

For example, If a business is purchased for $100 whose net assets, which are Total assets less total liabilities, are worth $80. Then the goodwill is the $20 that is the difference of the amount paid to purchase the business and the value of its net assets.

8 0
3 years ago
9. Matilda just graduated from college. In order to devote all her efforts to college, she did not hold a job. Matilda just grad
frosja888 [35]

Answer:

Remain the same; remain the same.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

There are different measures used in the measurement of the unemployment rate in a country's economy and these includes;

A. U-1: this is the percentage of people that are unemployed for at least 15 weeks or more.

B. U-2: this is the percentage of the people who have lost their job or the people that finished a temporary job.

C. U-3: this is the percentage of the population that is unemployed but actively seeking employment.

All things being equal (ceteris paribus), the unemployment rate would remain the same and the labor force participation rate remain the same because Matilda has decided to cruise around the country on her motorcycle for a month before she starts looking for work.

4 0
2 years ago
Romeo grabbed Sara under the mistletoe at the office Christmas party and kissed her. Sara did not want to be kissed by Romeo; sh
solniwko [45]

Answer:

battery

Explanation:

Battery is the crime that occurs when a person physically assaults another person, while assault is threatening that person with physical assault, but not actually doing it.

Sara would claim against Romeo for battery because Romeo did grab her, mistletoe her, and kiss her. In other words, Romeo established unwated physical contact with Sara, he did not simply threaten her to do so, or hinted at doing so.

6 0
3 years ago
Other questions:
  • Combs Co. is planning to sell 400 hair dryers and produce 380 hair dryers during March. Combs uses 500 grams of plastic and one-
    6·1 answer
  • Which of the following is not a core component to the federal reserve bank?
    15·2 answers
  • Carson Corporation stock sells for $35 per share, and you’ve decided to purchase as many shares as you possibly can. You have $5
    10·1 answer
  • Domestic business differs from international business in that a firm operating within the borders of one country A) must be conc
    13·1 answer
  • The demand for money is higher in japan than in the united states because they do not accept credit cards
    7·1 answer
  • True or false: a firm with a capital structure containing 70% retained earnings has a marginal cost of capital of $50,000. This
    5·1 answer
  • Offering a better warranty is an example of competing on:
    11·1 answer
  • Instructions:wikarambulan is a sound like game. by saying\pronouncing and connecting the word, reveal the elements and factors o
    8·1 answer
  • The statement of cash flows shows a firm's revenues, costs of goods sold, expenses, and net income. True or false
    9·2 answers
  • Is there a danger of vendors overstocking walmart shelves by virtue of using retail link and empowering vendors?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!