1) Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 4 percent thereafter. If the required return is 11 percent, and the company just paid a dividend of $2.15, what is the current share price

Answers

Answer 1

Answer:

P0 = $60.23475 rounded off to $60.23

Explanation:

To calculate the market price of the stock today, we will use the two stage growth model of DDM. The two stage growth model calculates the values of the stock today based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g1) / (1+r)  +  D0 * (1+g1)^2 / (1+r)^2  +  ...  +  D0 * (1+g1)^n / (1+r)^n  +  [(D0 * (1+g1)^n * (1+g2))  /  (r - g2)] / (1+r)^n

Where,

D0 is the dividend today g1 is the short term growth rate g2 is the long term or constant growth r is the required rate of return on the stock

P0 = 2.15 * (1+0.30) / (1+0.11)  +  2.15 * (1+0.30)^2 / (1+0.11)^2  +  

2.15 * (1+0.30)^3 / (1+0.11)^3  +  [(2.15 * (1+0.30)^3 * (1+0.04)) / (0.11 - 0.04)] / (1+0.11)^3

P0 = $60.23475 rounded off to $60.23


Related Questions

A cost-based contract is __________. ANSWER Unselected a document that authorizes a supplier to deliver a product or service and often includes key terms and conditions, such as price, delivery, and quality requirements Unselected a document containing terms and conditions for a purchased service that indicate, among other things, what services will be performed and how the service provider will be evaluated Unselected a type of purchasing contract in which the stated price does not change, regardless of fluctuations in general overall economic conditions, industry competition, levels of supply, market prices, or other environmental changes Unselected a type of purchasing contract in which the price of a good or service is tied to the cost of some key input(s) or other economic factors, such as interest rates

Answers

Answer:

a type of purchasing contract in which the price of a good or service is tied to the cost of some key input(s) or other economic factors, such as interest rates.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, cost-based contract, etc.

A cost-based contract is a type of purchasing contract in which the price of a good or service is tied to the cost of some key input(s) or other economic factors, such as interest rates.

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Aggregate demand and aggregate supply analysis suggests that, in the short run, an expansionary monetary policy will result in a shift in the aggregate supply curve to the left. an increase in real GDP with high inflation when the economy in on the horizontal portion of the aggregate supply curve. an increase in real GDP without much inflation when the economy in on the horizontal portion of the aggregate supply curve. an increase in real GDP with no inflation when the economy in on the vertical portion of the aggregate supply curve. a shift in the aggregate demand curve to the left.

Answers

Answer:

an increase in real GDP without much inflation when the economy in on the horizontal portion of the aggregate supply curve.

Explanation:

In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.

On a standard Aggregate demand (AD)-Aggregate supply (AS) curve, the y axis denotes the Price (P) of goods and services while the x axis typically denotes the Output (Q) of final goods and services.

In the short-run, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price) while a rightward shift in the aggregate demand (AD) curve also cause output to increase and rise in prices.

The short-run nominal fluctuations basically cause a change in the level of production. In the short-run, as a result of a shift in the aggregate supply; an increase in money consequently to result in increase the level of production (output). Therefore, more goods are produced as a result of the increased output (supply) and more goods would be purchased as a result of their lower prices.

An expansionary gap, also known as the inflationary gap in economics is used to measure the difference between the gross domestic product (GDP) and the current level of real Gross Domestic Products that exists when a country's economy is guaged at a full employment rate.

Hence, aggregate demand and aggregate supply analysis suggests that, in the short run, an expansionary monetary policy will result in an increase in real GDP without much inflation when the economy is on the horizontal portion of the aggregate supply curve.

_________ is the removal of items from a store with the intention of not paying for them.

a. shrinkage
b. shoplifting
c. control
d. none of the above

Answers

Answer:  lol that should be shoplifting

Shoplifting.........

What is institutional advertising focused on promoting?
A. A company
B. The Internet
C. A service
D. A good
Please select the best answer from the choices provided

Answers

Answer:

Product advertising focuses on promoting specific individual products while institutional advertising focuses on your overall brand

Answer:

A. A company

Explanation:

Right on EDGE 2021

milk should ______ (keep) in a fridge.​

Answers

Kept

The past tense of Keep is Kept

how much money does a therapyst make an hour/ and how much would they make in a year

Answers

an hour = the average hourly pay for a Therapist in the United States is $28.33 an hour. While ZipRecruiter is seeing hourly wages as high as $52.40 and as low as $12.74, the majority of Therapist wages currently range between $20.91 (25th percentile) to $31.01 (75th percentile) across the United States.

a year = the median annual salary for clinical, counseling, and school psychologists was $85,340 per year, according to the Bureau of Labor Statistics. The lowest 10 percent of workers earned less than $44,040, and the highest 10 percent earned more than $129,310.

Answer:

Explanation:they make 1,000 dollars per hour. I don’t know how much in a year.

When the price of spicy sauce was $10dollar sign, 10, people bought 100 jars. When the price increased to $12dollar sign, 12, people only bought 40 jars. What is the price elasticity of demand for spicy sauce?

Answers

Answer:

Price elasticity of demand = 0.33%

Explanation:

A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.

Mathematically, the price elasticity of demand is given by the formula;

[tex] Price \; elasticity \; of \; demand = \frac {Percentage \; change \; in \; price}{Percentage \; change \; in \; demand} [/tex]  

Given the following data;

Old price = $10

New price = $12

Old quantity demanded = 100

New quantity demanded = 40

To find the price elasticity of demand, we would determine the percentage change in price and demand.

[tex] Percentage \; change \; in \; price = \frac {12 - 10}{10} * 100 [/tex]

[tex] Percentage \; change \; in \; price = \frac {2}{10} * 100 [/tex]

[tex] Percentage \; change \; in \; price = \frac {200}{10} [/tex]

Percentage change in price = 20%

[tex] Percentage \; change \; in \; demand = \frac {100 - 40}{100} * 100 [/tex]

[tex] Percentage \; change \; in \; demand = \frac {60}{100} * 100 [/tex]

[tex] Percentage \; change \; in \; demand = \frac {6000}{100} [/tex]

Percentage change in demand = 60%

Now, we can find the price elasticity of demand;

Substituting into the equation, we have;

[tex] Price \; elasticity \; of \; demand = \frac {20}{60} [/tex]

Price elasticity of demand = 0.33%

Smart tips for selling to business customers include all the following except: a. Emphasize various benefits that meet the differing needs and interests of each member of the buying center b. Offer fresh insight and ideas in e-mails and other correspondence c. Develop a marketing mix to satisfy the needs of the organization as well as the needs of individual purchasing managers d. Show appreciation by offering desirable gifts to purchasing managers e. Explain how products and services will reduce the firm's risk

Answers

Answer:

c. Develop a marketing mix to satisfy the needs of the organization as well as the needs of individual purchasing managers.

Explanation:

In order to have smart selling in business, one needs to have an emphasis on the various benefits that are offered by the product to the client. Such as on the sales of A/C one needs to offer insights and ideas to the buying customers, show appreciation by providing gifts to the purchasing managers.Even explain how the products and services can help boost profit. Rather than developing a marketing plan to meet the need of the customers as it is not their concern.

HELPPPPPPPP WIL MARK BRAINLIEST

What types of decisions affect the day-to-day activities of an operation?
Group of answer choices

Those involving new product development

Those involving process technology

Those involving planning and control

Those involving performance measurement

Answers

Answer:

those involving process technologies

1. Product A, a bottle of liquid breath fresheners, and Product B, chewable breath fresheners. Study the
two products, their plus and minus factors in terms of attracting customer interest
. Which company will
have competitive advantage, the manufacturer of Product A or Product B? Explain your answer.​

Answers

Answer:

Manufacturer A will have a competitive advantage. (Reasons are stated below)

Explanation:

Product A: Liquid breath fresheners are more advantageous compared to chewable breath fresheners because they

1. Cause less distraction: Unlike chewable gums that project an unserious or unprofessional image, especially, in official settings, liquid breath fresheners can be used without drawing much attention. Many customers who work or school will thus prefer this option.

2. They can be used and will go into effect within a short time frame: Unlike gums that can be chewed for some time before there is a noticeable effect, liquid breath fresheners can be used quickly with instant effects.

For these stated reasons, customers will prefer Product A and they will thus have a competitive advantage over Product B.

Product is the management term that implies the goods and services that are manufactured using the raw materials and are produced as the final goods and services for the consumption of the customers to satisfy or fulfill their needs.  

Manufacturer A will have an edge over competitors.

Product A: Compared to chewable breath fresheners, liquid breath fresheners offer more benefits.

1. Distract less: Unlike chewy gums, which present an unprofessional or unintellectual image, liquid breath fresheners can be used without attracting much attention, especially in official settings.  As a result, many consumers who work or go to school will prefer this alternative.

2. They can be used right away and have an immediate impact: Unlike gums, which must be chewed for a long moment before showing any influence, liquefied mouth deodorant sticks may be used right away and have a direct influence.  

Customers will prefer Product A for the reasons stated, which gives the company a competitive advantage over Product B.

To know more about the product and its manufacturing, refer to the link below:

https://brainly.com/question/14016003

Identifying specific marketing activities, determining the time required to complete each activity, and organizing marketing activities into the proper sequence are examples of the steps involved in creating a(n):

Answers

Answer:

e. implementation timetable

Explanation:

This set of sequential activities can be described as an implementation schedule, which is developed in an organization with the aim of organizing tasks according to the needs of development and completion so that the objectives of a given project are achieved effectively. .

It is also necessary that the schedule is monitored and updated when necessary, according to the needs of a given project and its demands over time.

Isaiah is in his 50s and currently does not have a retirement fund. However, he recently read a few articles about the insufficient savings of people in retirement and, as a result, he decides he wants to start now. He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.

Answers

Answer:

Future Value= $158,475.64

Explanation:

Giving the following information:

He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.

I assume we have to determine the value of the investment at the time of retirement.

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit= 500

n= 15*12= 180

i= 0.07/12= 0.005833

FV= {500*[(1.005833^180) - 1]} / 0.006833

FV= $158,475.64

An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
and tight control by the parent company over most aspects of worldwide operations is known as the model.
A. international
B. multinational
C. global
D.
transnational
E. intranational

Answers


A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management. These companies, also known as international, stateless, or transnational corporate organizations tend to have budgets that exceed those of many small countries.

The demand for this type of good rises when income falls and falls when
income rises.
O substitutes
o inferior
O normal
O complements

Answers

Answer:

o inferior

Explanation:

The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises

So this represent that the good is an inferior good

Hence, the second option is correct

Which of the following best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s? The supply of higher education is highly price elastic, and demand has increased substantially. The demand for higher education is highly price inelastic, and the supply has decreased substantially. The demand for higher education is highly price elastic, and the supply has decreased substantially. The supply of higher education is highly price inelastic, and demand has increased substantially.

Answers

Answer: The supply of higher education is highly price inelastic and demand has increased substantially.

Explanation:

The option that best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s is that the supply of higher education is highly price inelastic and demand has increased substantially.

Price inelastic means that a change in price has little effect on the demand for education and since there has been an increase in the demand for education, the suppliers will increase the price which led to the increase in equilibrium price.

If the labor force is 1000 workers, but 32 are unemployed, what is the unemployment percentage?

Answers

3.2% is the unemployment percentage, if the labor force is 1000 workers, but 32 are unemployed.

What is the reason of unemployment?

Unemployment is influenced by a lot of circumstances on both the demand and supply sides. Rising interest rates, a global recession, and a banking meltdown may all contribute to demand-side decreases. Underemployment and structural employment have a big impact in the supply side.

Thus, it is 3.2 percent.

For more details about reason of unemployment, click here:

https://brainly.com/question/9288794

#SPJ1

explain which types of apartments would best suit to friends to plan to become roommates

Answers

Answer:

depends

Explanation:

it Depends upon what ur friends like try Planing it while sitting down with each other and talk it out

Two reasons why excellent customer service is important to every business

Answers

1) Prevents business failure

About 96% of American businesses close their doors within 10 years. One of the contributing problems is poor customer service. Buyers become frustrated over small problems that are not addressed. It happens when a business does not have good customer service associates who follow up on questions and promptly fill requests.

2) Creates endorsements

Loyal customers provide positive endorsements and good online reviews that can help businesses strengthen their brand. A loyal customer, on average, is 10 times more valuable than their first purchase. Research shows that people often make purchasing decisions based on recommendations from family and friends vs. advertising messages. Here are four statistics:

About 97% of customers will tell others about very good or excellent customer service experiences.
Nearly 70% of people would spend more money with a company that has excellent customer service.
Approximately 24% of satisfied customers will return to a business two or more years after a good customer service experience.
Research shows that 59% of people would try a new company to receive better customer service.


Hope this helps :) if you need more I can help

Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $160,000 fair market value on the contribution date. The property was also encumbered by a $90,000 nonrecourse debt, which was transferred to the partnership on that date. Sharon is treated as a general partner. She is allocated 30% of QRST's profits and 20% of QRST's losses. Sharon's basis in the partnership interest after the formation transaction is:

Answers

Answer: $37000

Explanation:

Sharon's basis in the partnership interest after the formation transaction is calculated below:

Adjusted basis of property to Sharon = $100,000

Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000

Then, Sharon's basis in the partnership interest after the formation transaction will be:

= $100000 - $63000

= $37000

It’s a good idea to use a _____ to track your job hunting efforts.


map

scrapbook

journal

calendar

Answers

answer is journallll

Mill Company began operations on January 1, 20X1, and recognized income from construction-type contracts under different methods for tax purposes and financial reporting purposes. Information concerning income recognition under each method is as follows: Year Tax Purposes Book Purposes 20X1 $ 400,000 $ 0 20X2 625,000 375,000 20X3 750,000 850,000 Required: Assume the income tax rate is 21% in all years and that Mill has no other temporary differences. In its December 31, 20X3, balance sheet, what amount of deferred income taxes should Mill report

Answers

Answer:

Deferred tax asset balance on  December 31, 20X3 =   $115,500

Explanation:

The computation of the amount of deferred income taxes should Mill report is shown below:

Year   Tax purpose   Book purpose   Difference   Deferred tax book

20X1     $400,000          $0                $400,000        $84,000

20X2    $625,000     $375,000         $250,000        $52,500

20X3     $750,000     $850,000        ($100,000)        ($21,000)

Deferred tax asset balance on  December 31, 20X3 =   $115,500

It is only necessary to underline vocabulary words identified in a test question. Please select the best answer from the choices provided T F?

Answers

Answer:

The answer you are looking for is false

Explanation:

Got it right edge 2021

Answer:

False

Explanation:

Edge 2021

Please Help!!!! My 5th time posting this please actually help me!


In the workplace, new devices and technologies are transforming the way we exchange information and conduct business. List and concisely describe at least six electronic communication channels used most commonly by businesspeople today.

Answers

Answer: My answer is in the photo below. Hope it helps.

Which of the following is an example of a long-term debt?
A. A student loan.
B. A debit card purchase.
C. A term life insurance policy.
D. A stock portfolio.

Answers

answer is A. a student loan

Shelly Ford is starting a fashion boutique in an upscale mall near San Antonio. She wants to open her store during the time period in which a business like hers can realistically enter the new market. Shelly is trying to open her business while the ________ is open.

Group of answer choices

safe harbor

window of opportunity

portal of entry

doorway of opportunity

safety zone

Answers

Answer:

I cant understant

Explanation:

Can you just write it in a paper then pic it

Donald's home was recently destroyed by a fire. He made an insurance claim for $250,000. Who is responsible for paying him the $250,000?

Question 6 options:

1. the policyholder

2. the insurer

3. the person with power of attorney

4. the rider

Answers

The insurer is the one responsible

Answer:

THE INSURER :D

Explanation:

Which of the following is a benefit of U.S. companies doing business
domestically instead of internationally?

A. Having to exchange currencies

B. Having familiarity with laws and regulations

C. Having to negotiate payment options with the world bank

D. Having to learn about different customs, taboos, and manners from different countries​

Answers

Answer:

A

Explanation:

One of the major drawbacks of international business is currency exchange rates. Since, economies are unpredictable, there is always an economic risk associated with international trade. A can get expensive or cheaper with the currency exchange rates of other countries. Leading to an unpredictable balance of trade.

However, this risk is not present in domestic business. So for U.S. companies doing business  domestically instead of internationally can save them from tremendous economies challenges caused by currency exchange rates.

Answer:

Having familiarity with law and regulations

Explanation:

Other Questions
PLEASE PLEASE PLEASE HELP ME !1. La Semana Pasada yo ___ (jugar) mucho con mi perro.2. Mi padre ____(llegar) tarde, y yo (llegar) a tiempo.3. Yo no ____ (pegar) a mi hermano pequeo. 4. Yo ____ (empezar) a estudiar espaol hace dos meses.5. Anoche, yo ____ (organizar) mi cuarto. Which of the following is the correct calculation for determining the density of an object with a mass of 54 g and a volume of 6mL Scott is saving coins in a jar. Last week, the jar was 1/4 full. This week, he added more coins, and the jar is now 1/2 full. How much of the jar did Scott fill this week? On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway paid $290,000 for the machine and is leasing it to Zone for $37,000 per year, an amount that will return 7% to Calloway. The present value of the lease payments is $290,000. The lease payments are due each January 1, beginning in 2021. What is the appropriate interest entry on December 31, 2021 Two angles are complementary. The sum ofmeasurement of the first angle and half the measurement of the secondis 65. Find the measures ofthe angles. Samuel says that 25% is greater than 0.3.Is he correct? Explain your answer. Which fetal development occurs during the second trimester?Bones begin to harden.The roof of the mouth forms.Theeyes can sense changes in light.The heart and circulatory system begin to develop. Blood Types;A man with type O marries a woman with type AB.Several children were born.1. What is the genotype of the man?2. What is the genotype of the woman?3. True or false? the mother of the man had type AB blood.4. Could the mother of the woman have type O blood?5. what fraction of offspring would have type B blood?6. what fraction of the children would have type AB blood?7.Could this couple have a child with type O blood?Please answer all parts of the question! Which of these are expressions?Check all that are true.a/92 + 578 9 - 5 = 72 - 50 + 0 The table shows values for functions f(x) and g(x).x f(x) g(x)1 1 33 10 35 0 57 5 59 4 411 11 1Which answers are solutions to the equation f(x)=g(x)?Select each correct answer.357910 struggle helpppppppp Please help!! ASAP! Please show your work Please answer right! Thank you I will give brainalist ngIkawalong LinggoKaragdagang Gawain Bilang 4: Basahin at suriin ang ilang taludtod na hango sa tula. Ibigay ang iyinterpretasyon o pagpapakahulugan sa mga ito. Isulat ang sagot sa nakalaang sa papel.1. Heben, mulang ikosa Mo ako,Sa pagkakaklase baPero nang magdisaper Ka,Nagkawatak-watak lahatKasalanan ko! PLEASE PLEASE PLEASE PLEASE HELP its it was or were I really need help with thing I am in math class help this is due today Benjamin owns a small business selling used books. He knows that in the last week 13customers paid cash, 33 customers used a debit card, and 97 customers used a creditcard.with aBased on these results, express the probability that the next customer will paydebit card as a percent to the nearest whole number. PLEASE HELP NEED ANSWER RIGHT AWAYWhat results from the chemical reaction cycle of acetyl-CoA?A. pyruvateB. adenosine triphosphateC. glycogenD. glucose Tammy made $208 for 13 hours of work.At the same rate, how much would she make for 9 hours of work? -Hola, Paula, vivo en Panam.-Ah s?, tengo familiares en Panam. Y t?-S, las hermanas de mi madre.viven en Panam.-Oh, tustasnietasabuelasprimas