Answer:
4in
Step-by-step explanation:
The answer is 56%
You first divide 28 by 50=.56, then since it's a decimal, you move the decimal twice to the right to make a percentage=56%
You can look on the app Socratic to help you.
Answer:
x=3
Step-by-step explanation:
Answer:
Expected rate of return =7.1% (Approx.)
Step-by-step explanation:
Given:
Current stock price = $50
Divided d = $2
Growth rate g = 5 %
Find:
Expected rate of return
Computation:
Expected rate of return = D(1+g)/Current Price + g
Expected rate of return = [2(1+5%)/50] + 5%
Expected rate of return =7.1% (Approx.)