2 years ago

Zoom which group of income earners had an average income of $6,327?

Business

1 answer:

Andrei [34K]2 years ago

8 0

Can’t see the picture

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U.S. exports are Group of answer choices A.not included in U.S. GDP because they are consumed B.abroad included in U.S. GDP beca

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A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require

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Answer:

$46.31

Explanation:

Calculation to determine the current share price

Using this formula

Current share price=6.5*Present value of annuity factor(9.1%,12)

Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate

Let plug in the formula

Current share price=6.5*[1-(1+0.091)^-12]/0.091

Current share price=6.5*[1-(1.091)^-12]/0.091

Current share price=6.5*7.124793

Current share price=$46.31

Therefore the current share price will be $46.31

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2 years ago