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insens350 [35]
1 year ago
8

A group of 26 different families have shared ownership of a vacation condominium. Each family spends two weeks annually at the c

ondominium. Legally, the condominium is considered a _______.
Business
1 answer:
aalyn [17]1 year ago
6 0

Answer:

Timeshare properties

Explanation:

Numerous individuals or families own a timeshare property.  Each owner is allocated a specified duration of time to stay in the property. Timeshare properties are common in the tourism sector and are located near popular vacation destinations.

The most common forms of timeshare properties are vacation resorts, condominiums, apartments, and campgrounds.

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Luda [366]

Answer:

Option (e) is correct.

Explanation:

Given that,

Beta = 0.88

Expected dividend growth rate = 4.00% per year

T-bond rate = 5.25% (The treasury bonds are always the risk free rate)

Average annual future return on the market = 14.75%

Required rate of return:

= Risk free rate + Beta × (Market rate - Risk free rate)

= 5.25 + 0.88 × (14.75 - 5.25)

= 5.25 + 0.88 × 9.5

= 5.25 + 8.36

= 13.61%

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2 years ago
There were 14,058 million shares of this preferred stock outstanding throughout the year. determine the total dividends that ban
Margaret [11]
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2 years ago
Irene invested $27,000 in a twelve-year CD bearing 8.0% interest, but needed to withdraw $6,000 after three years. If the CD’s p
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8 0
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enot [183]

Answer:

A. ​

Explanation:

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