Answer: $77.13
Explanation:
Based on the information given in the question, the current price of Lee's stock will be calculated thus:
First, the required rate of return will be:
= 8% + (1.5 × 6%) = 8% + 9% = 17%
Year 1:
Cash flow: 1.05
Present value: 0.90
Year 2:
Cash flow: 1.47
Present value: 1.07
Year 3:
Cash flow: 2.06
Present value: 1.28
Year 4:
Cash flow: 118.34
Present value: 73.88
The current price of Lee's stock will be:
= 0.90 + 1.07 + 1.28 + 73.88
= 77.13
The current price of Lee's stock is $77.13.
The gist of the blank is divide and rule, meaning to split those to whom you are in opposition, so that they will not threaten your power.
The term for divide and rule that is used in textbooks is Divide et Impera.
Ans: Divide et Impera.
Answer:
False
Explanation:
' Once a business has sold a service, it no longer needs to be concerned with customer satisfaction' is a False statement.
Customers are the pillars on which every business stands & their satisfaction should be a supreme priority for a business.
There is need of 'After Sale Services' after selling a service. This is important to ensure customer's expectations from the product are met, & they are satisfied with the business' services.
After sale services make customers feel valued. This generates customer retention, customers' loyalty towards business. Such customers are also likely to do word marketing & build a business' reputation in front of other customers.
I believe its the right sided button.
The middle button would be to scroll and the left would be to select something.
Answer:
Amount of cash Mick receive from the bank: $768,450
Explanation:
Given:
- $750,000 note
- interest of 9%
- n = 6 months
- Effective interest rate of 12% = 0.12
At first, we need to find out the maturity value, which is:
= $750,000 + $750,000 × 9%
= $750,000 + $67,500
= $817,500
Hence, amount of cash Mick receive from the bank:
= <em>Maturity amount - Maturity amount × effective interest rate × number of periods in year</em>
<em>= </em> $817,500 - $817,500
*0.12*
= $817,500 - $49,050
= $768,450
Hope it will find you well.
