Jenny Banks is interested in buying the stock of Fervan, Inc., which is increasing its dividends at a constant rate of 8.0 percent. Last year the firm paid a dividend of $2.65. The required rate of return is 18.5 percent. What is the current value of this stock? (Do not round intermediate calculations. Round answer to 2 decimal places, e. g. 15.25.) What should be the price of the stock in year 5? (Do not round intermediate calculations. Round answer to 2 decimal places, e. g. 15.25.)

yes

step-by-step explanation:

answer: no

step-by-step explanation: because the big angle will spread away the 2 side that it is on and make the opposite side even longer.

the equation is not included but the answer is (1.50, 2.00, 2.75)

step-by-step explanation:

step-by-step explanation:

we have

using a graphing tool

see the attached figure

this is a quadratic equation (vertical parabola) open up

the vertex is a > vertex

the domain of the function is all real > interval (-∞,∞)

the range of the function is the > [-6.125,∞)

the function has two x->   and

the function is increasing over the > (0.25,∞)

the function is decreasing over the > (-∞,0.25)