Gilmore, Inc., just paid a dividend of $2.35 per share on its stock. The dividends are expected to grow at a constant rate of 4.1 percent per year, indefinitely. If investors require a return of 10.4 percent on this stock, what is the current price

$38.89

Step-by-step explanation:

Given that:

Gilmore, Inc., just paid a dividend ( D₀) of $2.35 per share on its stock

The dividends are expected to grow at a constant rate (r) of 4.1 percent per year = 0.041

SO; if Gilmore, Inc., is requesting for a return of 10.4 percent on this stock; the current price is calculated as follows:

P₀= D₁ / (r - g)

P₀ = D₀×(1+g) / (r-g)

P₀ = $2.35 × (1+0.041) / (0.104 - 0.041)

P₀ = $2.45 / 0.063

P₀ = $38.89

Thus, the current price = $38.89

what? that isnt a question

step-by-step explanation:

g(x) = 3*(8(3^(x−2))+2)

g(x) = 24 (3^(x-2) )+6

the factor is 2

step-by-step explanation:

let f(x)=8(3^(x−2)+2)

to stretch a graph by 3, it would be 3f(x)

g(x) =3f(x)

g(x) = 3*(8(3^(x−2))+2)

g(x) = 24 (3^(x-2) )+6

x     −2     0     2     4     6

f(x) 1/64 1/16   1/4     1     4

1/64 * z * z = 1/16

i multiplies by z twice because it its 2 steps from -2 to 0

1/64 z^2 = 1/16

multiply by 64 to clear the fraction on the left side

1/4 * 64 z^2 =1/16 *64

z^2 = 4

take the square root of each side

sqrt(z^2) = ±sqrt(4)

z = ±2  

we are multiplying by 2 each time.