Answer:
One share of this stock worth today if the required rate of return is 7.4 percent is $ 3.24
Explanation:
According to the details the dividend for the next 2 years = $1.80 a share and the required return is=7.40%.
Hence to calculate current price of stock we have to use the following formula:
current price= present value of future cash flows
current price=$1.80/1.074 + $1.80/1.074∧2
current price= $ 3.24
current price of stock is $ 3.24
Answer:Percentage change in the book price =7.17%
Explanation:
Initial Price of the used book = $73.25
Discounted price = $68.00
Percentage change in the book price = Initial Price - Discounted price/ Initial Price) x 100
($73.25 - $68.00) /$73.25 =5.25 /$73.25 =0.07167
=7.17%
<span>he deposits the money into his
checking account at first main street bank is the answer</span>
The United States has issued a variety of currency notes for use in paying income tax, making investments, and making purchases from colonial to current times. Alexander Hamilton establishes the Bank of the United States in order to create a system of credit for the government.
<h3>What does an increase in labor efficiency mean?</h3>
favorable change If the labor efficiency variance is in the company's favor, it means that the workforce is operating as it should and that the number of hours it spends producing is in line with the business's planned criteria.
<h3>What do the symbols on Continental currency designs represent?</h3>
In a number of designs of Continental Currency, the thirteen colonies that battled and vanquished Great Britain during the American Revolution are shown. These representations represent the aspirations and virtues of the colonies.
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