Suppose you are considering buying shares of a stock to hold for one year. The stock has an expected annual dividend of $2 and an expected price at the end of the year of $25
If your required rate of return is 10%, what is the most that you should be willing to pay for the stock? Round off to the nearest cent.
The present value of the stock is $27/1.1 = $24.55. You should pay no more than $24.55 for a share of the stock.
Economics
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The opportunity costs of labor is largely determined by
A) demand. B) supply. C) need. D) greed.
Economics
The aggregate demand curve shows the relationship between the ________ and ________
A) price level; quantity of real GDP demanded B) real interest rate: quantity of real GDP supplied C) nominal interest rate; quantity of real GDP demanded D) inflation rate; quantity of real GDP demanded
Economics