Acompany has just paid a dividend of $ 2 per share, d0=$ 2 . it is estimated that the company's dividend will grow at a rate of 16 % percent per year for the next 2 years, then the dividend will grow at a constant rate of 7 % thereafter. the company's stock has a beta equal to 1.4, the risk-free rate is 4.5 percent, and the market risk premium is 4 percent. what is your estimate of the stock's current price? round your answer to two decimal places.

a) both were commissioned explorers

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer(c) factors of production;