In the price range where demand is inelastic, a decrease in price will result in a decrease in total revenue. True or False?

HCC, Inc., expects its dividends to grow at 25 percent per year for the next seven years before levelling off to a constant 3 pe

Minchanka [31]

Answer:

a. $43.21

Explanation:

Find <u>dividend (D) per year;</u>

D1 = D0(1+g)

D0= current dividend = 1.05

g= growth rate = 25% or 0.25 as a decimal

therefore;

D1 = 1.05(1.25) =1.3125

D2 = 1.3125 (1.25) = 1.6406

D3 = 1.6406(1.25) =2.0508

D4 = 2.0508 (1.25) = 2.5635

D5 = 2.5635(1.25) = 3.2044

D6 = 3.2044(1.25) =4.0055

D7 = 4.0055 (1.25) = 5.0069

Terminal dividend: D8 = 5.0069(1.03) = 5.1571

Next , find the <u>present values</u> of each dividend (at t=0) at 11% discount rate;

1.3125 / (1.11) = 1.1824

1.6406 / (1.11^2) = 1.3315

2.0508 / (1.11^3) = 1.4995

2.5635 / (1.11^4) = 1.6887

3.2044 / (1.11^5) = 1.9017

4.0055 / (1.11^6) = 2.1415

5.0069 / (1.11^7) = 2.4116

Price of growing perpetual at (t= 0) = $\frac{5.1571 /(0.11-0.03)}{(1.11)^{7} } = \frac{64.46375}{2.07616} = 31.0495$

Next, sum up all the Present values to get the current stock price;

=43.2064

Therefore, the current price = $43.21

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g A monopolist is considering third degree price discrimination. It estimates that the inverse demand curves of its two potentia

Gnom [1K]

If i know what source i will answer from, i will gladly help

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Career fulfillment means:

castortr0y [4]

Answer is a hope this helps cause its like common sense

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An operational plan provides a detailed road map of the steps necessary to achieve operational goals (sometimes referred to as o

lesya692 [45]

Answer: single use plan

Explanation: In simple words,single use plan refers to the plan that is made for achieving a goal that will not repeat in future.

A program plan refers to the plan that an organisation makes with an objective of outlining the activities and events that the employees have to follow for achieving organisational goals.

Hence, from the above we can conclude that a program is a single use plan as it outlines activities for a specific project that needs to be performed.

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A salesperson for FS Tools asked Justin, a cabinet maker, "If I can show you how to cut melamine, high-pressure laminates, and f

GalinKa [24]

Answer:

A. need payoff

Explanation:

Based on the information provided within the question it seems that the salesperson's SPIN technique is an example of a need payoff. This term refers to asking an individual/customer about the value or importance that something can provide them. Which is exactly what the salesperson is stating by asking "how much money (value) can this save you?"

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