Common stock of Fenway Technology is currently priced at $56.00 per share. The stock is expected to pay annual dividends that are expected to grow by 7.3 percent forever starting after the next dividend is paid in 1 year. The expected return for the stock is 12.7 percent. What is the dividend expected to be in 3 years

answer; (d) i believe that the correct answer is ; /// a new invention lowers the cost of production;

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"