Answer:
Estimated current stock price is $46.84
Step-by-step explanation:
First we have to find the value of dividend payment
Given
Yearly growth rate for next 2 years( )=38.00%
Growth after two years will 6% indefinitely
Estimate of current stock price is
=$46.84
Estimate of current stock price is =$46.84
Answer:
A :-) Given -
perimeter = 65 inches
Side ‘a’ = 2x
Side ‘b’ = 3 1 by 4x + 1
Solution -
Perimeter = 65
= a + b = 65
= 2x + 3 1 by 4x + 1 = 65
( 3 1 by 4 = 4 x 3 + 1 = 12 + 1 by 4
= 13 by 4 )
= 2x + 13 by 4x + 1 = 65
= 2x + 13 by 4x = 65 - 1
= 2x + 13 by 4x = 64
= 15 by 4 x = 64
= x = 64 x 4 by 15
= x = 256 by 15
= x = 17.06
.:. The value of x = 17.06.