Zero growth: Ron Santana is interested in buying the stock of First National Bank. While the bank's management expects no growth in the near future, Ron is attracted by the dividend income. Last year the bank paid a dividend of $5.65. If Ron requires a return of 14 percent on such stocks, what is the maximum price he should be willing to pay for a share of the bank's stock?
In: Finance
Which of the following would cause the demand curve to shift from Demand C to Demand A in the market for tennis balls in the United States?
Group of answer choices
an expectation by buyers that their incomes will increase in the very near future
a decrease in the price of tennis racquets
an increase in the price of tennis balls
a decrease in the number of people in the United States under age 70
In: Economics
In: Economics
Donald Trump promised a more aggressive fiscal policy with a large increase in spending and significant tax cuts leading to a much larger government (budget) deficit. The US economy was at near the full employment (the unemployment rate in the US was low below 5%), what do you expect will be the response of the US Central Bank in terms of changes to the cash rate? Explain.
In: Economics
Which of the following is NOT true of the HTH motif of DNA-binding proteins?
Helix 2 stabilizes the structural domain with Helix 3 through hydrophobic interactions.
Helix 3 situated near the N-terminal of the protein is the DNA recognition helix.
Helix 2 is the helix at the beginning of the HTH motif.
There are 2 successive alpha helices separated by a sharp beta-turn.
In: Biology
18. A “bill and hold” scheme is most likely to include:
A) Shipment of items to a customer beyond what the customer has ordered.
B) Recording as sales items those that the seller retains in inventory as of year-end.
C) Billing of items that are held by customers for future revenue production purposes.
D) Selling items at substantial discounts near year-end.
In: Accounting
A projectile is launched on a planet other than Earth at a velocity of 38.1 m/s 30.0o above the horizontal. The ground slopes down in the direction of travel, so the projectile impacts the ground 37.9 m below the level from which it was launched. If the horizontal distance it travels is 419 m, what is the magnitude of the acceleration of gravity near the surface of the alien planet?
In: Physics
A projectile is launched on a planet other than Earth at a velocity of 44.8 m/s 30.0o above the horizontal. The ground slopes down in the direction of travel, so the projectile impacts the ground 47.3 m below the level from which it was launched. If the horizontal distance it travels is 376 m, what is the magnitude of the acceleration of gravity near the surface of the alien planet?
In: Physics
We are in calm financial markets and you think they will remain as such, but your client is risk averse. You are recommending a particular technology company which you think has a great near-term outlook. Your client wants to dabble in options but also wants to own the underlying stock and respects your outlook. What would you recommend they do?
In: Finance
Suppose chipotle has a perfect substitutes and production function, McDonald's has a near perfect complements production function, and Pizza Hut has a Cobb-Douglas production function. The town passes a law to increase the minimum wage in the city to $15. Which one of these firms will see a large substitution out of labor (as percent of initial labor)? Explain your answer
In: Economics