answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
g100num [7]
2 years ago
4

Shane purchased a stock this morning at a cost of $13 a share. He expects to receive an annual dividend of $.27 a share next yea

r. What will the price of the stock have to be one year from today if Shane is to earn a 8 percent rate of return on this investment?
Business
1 answer:
BlackZzzverrR [31]2 years ago
7 0

Answer:

$13.77

Explanation:

In order for Shane to earn an 8 percent rate of return on his investment, the difference between the future price and the current price, added to the dividends received, and then divided by the current stock price must equal 8%:

0.08=\frac{(P-13)+0.27}{13} \\P=\$13.77

Stock price will have to be $13.77 one year from today.

You might be interested in
Researchers usually start their investigation by examining some of the rich variety of low-cost and readily available ________ d
Anna [14]

Answer:

B) secondary; primary

Explanation:

Secondary data is data collected from other researches. In this age, there is a lot of easily accessible data made available freely or at low cost. Examining them first not only help researchers find needed data cheaply, but also give them ideas about what they could find out from those data (serendipitous discovery).

Primary data is data collected from first-handed sources by the the researchers themselves by methods including surveys, interviews, direct observation, etc. It is costly to obtain so researchers only come to that when they can't find good secondary data for their purposes.

8 0
2 years ago
Tom oversees the logistics department for a holiday resort in Virginia. He has created a plan to bring in customers directly fro
Aloiza [94]

Answer:

agents

Explanation:

Tourism uses agents to commercialize the travel packages.

5 0
2 years ago
Read 2 more answers
When only one party to a contract is mistaken about a material fact that is the subject matter of the contract, that party will
Genrish500 [490]
It would be a. hope that helps
8 0
2 years ago
Alex is a law attorney at Cooper Enterprises. His client, Maggie, is seeking a divorce from her husband of two years. Since she
inessss [21]

Answer: C.) jargon

Explanation: Based on differing fields, profession or line of expertise, some words or terms are usually reserved to connote a special relevance or usage within such field. In many cases, these words are usually popular only within the circle of such profession and usage is usually rampant within professionals or individuals in such field. Such terms which are usually specific to a profession or field and may be difficult for those outside the profession to understand are called JARGON. In the context above, Alimony is usually used within the legal setting to mean a husband's provision package to his spouse after separation.

4 0
2 years ago
First National Bank (FNB) has a reserve ratio of 20 percent, a required reserve ratio of 10 percent, and deposits of $1,000. If
Vadim26 [7]

Answer:

The correct answer is then it has required reserves of $110 and holds excess reserves of $190.

Explanation:

According to the scenario, computation of the given data are as follows:

Total deposit = $1,000 + $100 = $1,100

So, we can calculate the total reserve required by using following formula:

Total reserve required = 10% × Total deposit

= 10% × $1,100 = $110

And Previous excess = $100

Current access = $90

So, Excess reserve =  Previous excess +  Current access

= $100 + $90

= $190

5 0
2 years ago
Other questions:
  • Ana is thinking about putting $200 in a savings account that earns 4% interest compounded semiannually. She wants to keep that m
    11·2 answers
  • During its first year of operations, Forrest Company paid $28,810 for direct materials and $49,900 in wages for production worke
    7·1 answer
  • Which of the following choices correctly depicts activities that would be included in a manufacturer's value chain? Research and
    8·2 answers
  • It is August 14th and John has just purchased 100 shares of Cash Cow Inc. for​ $1,200 with a settlement date of August 16th. Cas
    9·1 answer
  • Which of the following changes in retained earnings during a period will be reported the financing activities section of the sta
    13·1 answer
  • What would be a standard way for anyone outside an agile team to get the status of the work?
    15·1 answer
  • Bill is working on a project involving the upgrading of a management information system. The project is being managed by the inf
    15·1 answer
  • If the Cool Cappuccino Coffee House produces 100 coffee drinks a night with two workers and it doubles labor and capital, the fi
    9·1 answer
  • 2. Knowing that the HR manager never followed up with Richard, should he have followed up with the manager as to the validity of
    14·1 answer
  • Schrand Aerobics, Inc., rents studio space (including a sound system) and specializes in offering aerobics classes. On January 1
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!