Answer:
its rounded to near 800,000
Step-by-step explanation:
Pls give me brainliest if it helped!
Answer:
$120.05
Step-by-step explanation:
Div₀ = $5
Div₁ = $5.15
Div₂ = $5.3045
Div₃ = $5.463635
Div₄ = $5.62754405
Div₅ = $5.796370372
Div₆ = $6.08618889
first we must determine the terminal value on year 5:
terminal value = $6.08618889 / (9% - 5%) = $152.1547223
now we determine the present values of our future dividends + terminal value = $5.15/1.09 + $5.3045/1.09² + $5.463635/1.09³ + $5.62754405/1.09⁴ + $5.796370372/1.09⁵ + $152.1547223/1.09⁵ = $4.724 + $4.464 + $4.219 + $3.987 + $3.767 + $98.890 = $120.05
Answer:
6
Step-by-step explanation: