Answer:
Stock value today = $1.21
Explanation:
Current Dividend = D
= $1.13
After 5 years that is D
= $0.50
Since expected growth = 0
Therefore
P
= D
/ Ke = 0.5/18% = $2.77
Its present value will be
= $1.21
Stock value today = $1.21
Answer and explanation:
<em>Forgetting to pay debts has a detrimental effect on the length and interest payment of a loan</em>. The more a consumer falls behind in the repayment of a debt the longer it will take to pay off the total amount owed. Besides, the interest rate is recalculated by the financial institution implying more interest will be paid.
Therefore, forgetting to pay debts must be avoided. <em>Setting automated payments is a good measure to avoid such circumstances.</em>
Answer:
It is called <u>discounting</u>
Explanation:
Hope your day goes well !!! :)
Answer:
See below
Explanation:
Balance per bank statement $2,979.94
Add: Interest earned $126.83
Less:
Check book balance $2,788.88
Add: Oustanding checks
($381.83 + $171.57)