The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin'
1 answer:
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Given the table below describing the total and marginal benefit Elvis
gets from fried peanut butter and banana sandwiches.
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<span>The marginal benefit of the 4th fried peanut butter and banana sandwich is given by $81 - $75 = $6.</span>
<span>The marginal benefit of the 4th fried peanut butter and banana sandwich is given by $81 - $75 = $6.</span>
Answer:
current price of the stock P = $55.084
Explanation:
given data
dividend D1 = $3.25 per share
Dividend growth rate g = 5.1 % = 0.051
Required rate of return r = 11 % = 0.11
solution
We can find the price of the company stock today by using Gordon's Growth Model that is
current price of the stock P = ..................1
here D1 is dividend and r is rate of return and g is growth rate
so here value in equation 1 we get
current price of the stock P =
current price of the stock P = $55.084