Answer:
The stock’s expected price 5 years from today is $14.03
Explanation:
Today's stock price: $0.5 / (12% - 7%) = $10
Because the stock should continue to grow at a constant rate of 7% a year, the stock’s expected price 5 years from today: $10 x (1 + 7%)^5 = $14.03
Answer:
A price Floor
Explanation:
The minimum wage is a price floor. The minimum wage is a price below which you cannot sell labor, and the suppliers of labor exceed the buyers of labor.
Answer:
The main determinant of profit is in any business is the number of production units.
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Explanation:
Answer:
A. Adjust the Minimum option to Fixed and change to 0.
Explanation:
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