If a stock has a required return of "r", its next dividend is expected to be "DIV1", and its dividends are expected to grow at a constant rate "g" thereafter, then its current share price "P0" can be determined by . P0=DIV1/(r-g) P0=DIV1 x (r-g) P0=P1/r P0=DIV1/r

He ! a group of farmers planned to clean 80 acres of wheat per day to finish the work on schedule. right before the work started, they received a new piece of machinery that them clean 10 more acres per day than originally planned. as a result of increased productivity in the last day before the deadline they only had to clean 30 acres. how many acres of wheat did the group of farmers have to clean?