Answer:
The price of the stock today is $16.83
Explanation:
The current price per share can be estimated using constant growth model of the DDM. The price per share can be calculated using the following formula,
P0 = D1 / r - g
To calculate the price today, we use the dividend expected for the next period. Thus, using the dividend that will be paid at t=11 or D11, we can calculate the price of the stock at t=10. We further need to discount this price using the required rate of return for 10 years to calculate the price of the stock today.
P10 = 6 * (1+0.04) / (0.14 - 0.04)
P10 = $62.4
The price of the stock today will be,
P0 = 62.4 / (1.14)^10
P0 = $16.83
<span>Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never m</span><span>aintained a physical trading location where dealers meet to trade securities.</span>
<span>To create a competitive advantage that is sustainable over time, the international company should try to develop competencies that create value for customers and value they are willing to pay for in that item.
When you have a competitive advantage you are creating value in your product that make a consumer buy it over another similar product. Making sure the item and the value created for the customer match the price point it's set at.
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Dominant culture: male, white, middle-class, English speaking, heterosexual
Not a member of: Chinese, transgender, poverty, etc.
Answer:
True
Explanation:
Using your resources wisely means using the smallest amount of resources to produce the greatest amount of output. In terms of the economic efficiency , when all goods and factors of production in an economy are distributed or allocated to their most valuable uses and waste is eliminated or minimized. Economic efficiency is when every scarce resource in an economy is used and distributed among producers and consumers in a way that produces the most economic output and benefit to consumers. Economic efficiency can involve efficient production decisions within firms and industries, efficient consumption decisions by individual consumers, and efficient distribution of consumer and producer goods across individual consumers and firms. Effective management is described a use staff, time and resources wisely to minimize unnecessary cost to the organization.
