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University of Arkansas FINN FINN 005 iv) Vicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacturer. She finds that the firm's most...
Question
iv) Vicky Robb is considering purchasing the common stock of Hawaii
Industries, a rapidly growing boat manufacturer. She finds that the firm's most recent (2020) annual dividend payment was $2.50 per share. Vicky estimates that these dividends will increase at a 20% annual rate, g1, over the next 3 years (2021, 2022, and 2023) because of the introduction of a hot new boat. At the end of the 3 years (the end of 2023), she expects the firm's mature product line to result in a slowing of the dividend growth rate to 8% per year, g2, for the foreseeable future. Vicky's required return, rs, is 15%.
Required: What is the current (end-of-2020) value of Hawaii's common stock, P0 = P2020.
Answer:
Just like the biography of a famous person, your autobiography should include things like the time and place of your birth, an overview of your personality, your likes and dislikes, and the special events that shaped your life. Your first step is to gather background detail.
Explanation:
The answer is C because the other options are like opinions and C is a fact not an opinion.
Narration is the storyteller
point of view is the thing u think abt the story
example for point of view: frm my point of view this story is emotional or.....is talking about hatred.....
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