Answer:
$11
Explanation:
"The required return for the computer chip industry is 15%, and the company has just gone ex-dividend (i.e., the next dividend will be paid a year from now, at t 1) (Round your answer to 2 decimal places.)"
g = ROE*b
g = ROE * (1-Payout ratio)
g = 20% * (1-0.5)
g = 10%
P0 = D1/k-g
P0 = D0(1+g) / k-g
P0 = 0.5(1+0.10) / (0.15+0.10)
P0 = $11
S0, the market price of Chiptech stock is $11
Answer: True
Explanation:
From the question, we are informed that Esther and Holly have a disagreement over which company to present their business idea to and that they decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term.
The above scenario shows that Esther and Holly are focusing on interests, and not positions. This is shown by them disregard their different stances and focusing on a common goal.
Answer:
B.Variety-Seeking
Explanation: Consumers engage in variety-seeking buying behavior for products that have low involvement and significant brand differences. For Example, soft drinks are low-involvement products that have DIFFERENCES in taste among brands. A consumer buying one type of cola might decide to <u>buy another brand of cola the next time to experience a variety in taste.
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Answer:
120 months or 10 years earlier
Explanation:
The computation of the number of years early would pay off the loan is shown below:
By using the financial calculator
RATE = 4% ÷ 12
P V = $50,000
PMT= -$203.24 - $302.99
FV = 0
CPT N=120
Now for extra payment it would take 120 months
And without extra payment it would take
= 20 × 12
= 240 months
So either 120 months or 10 years earlier
Answer:
The correct answer is option II.
Explanation:
When a tax is imposed on a commodity, the tax burden is shared between the buyers and the sellers. The share of tax burden depends upon the elasticity of demand and elasticity of supply.
In the case of cigarettes, most of the tax burden is borne by the buyers. This is because the demand for cigarettes is relatively inelastic. Cigarettes are addictive so even if its price increases due to the imposition of the tax, the buyers will still purchase the same amount as they are addicted to it.
