Answer:
The correct answer is $65.90 (approx.)
Explanation:
According to the scenario, computation of the given data are as follows:
Dividend paid = $8.50
Increase dividend = $6.50 per year
Require return = 16%
We can calculate the current share price by using following method:
=[($8.5 + $6.5) ÷ (1 + 16%)^1] + [($8.5 + $6.5 + $6.5) ÷ ( 1 + 16%)^2] +[($8.5 + $6.5 + $6.5 + $6.5) ÷ (1+16%)^3] + [($8.5 + $6.5+ $6.5 + $6.5 + $6.5) ÷ (1+16%)^4
= $15 ÷ 1.16 + $21.5 ÷ 1.16^2 + 28 ÷ 1.16^3 + 34.5 ÷ 1.16^4
= $65.90 (approx.)
The answer is Split Labor Market Theory. This was proposed by humanist Edna Bonacich in the mid 1970s as an endeavor to clarify racial/ethnic strains and work showcase division by race/ethnicity as far as social structure and political power as opposed to singular level preference.
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
Answer:
d. $102,250.
Explanation:
The computation of the selling price is shown below:
= Bond face value × quoted price
= $100,000 × 1.0225
= $102,250
To determine the selling price we multiplied the bond face value with the quoted price so that the accurate selling price can come.
We simply fraction the quoted price and then divide it by 100
In mathematically,
= 409 ÷ 4
= 102.25 ÷ 100
= 1.0225
