Question: 24, 24 - help please 24. When calculating the value of a stock using the formula P=D/(Rg) : a. The higher the Dividend (D), the

24, 24 - help please 24, 24 - help please 24. When calculating the value of a

24. When calculating the value of a stock using the formula P=D/(Rg) : a. The higher the Dividend (D), the lower the price b. The higher the growth rate (g), the higher thelprice c. A higher price is usually derived from a higher discount rate (R). d. There must always be a growth rate (g). 25. You are interested in buying a used car, one that is priced at $24,500. And, you know your maximum payment is $425 per month, but you refuse to divulge that to the salesperson even though they are pestering you for your maximum payment. With 100% financing and Ignoring sales tax, if interest rates over 60 months are at 4.75% per y. . what is the maximum price you can pay for the car in order to match your monthly payment parameter? a. $23,219 b. $15,710 c. $22,658 d. $20,869

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!