Newman manufacturing is considering a cash purchase of the stock of grips tool. during the year just completed, grips earned $4.25 per share and paid cash dividends of $2.55 per share (d0 = $2.55). grips’ earnings and dividends are expected to grow at 25% per year for the next 3 years, after which they are expected to grow at 10% per year to infinity. what is the maximum price per share that newman should pay for grips if it has a required return of 15% on investments with risk characteristic

Which of the following functions finds the highest value of selected inputs? a. high b. hvalue c. max

Suppose that a candy maker owns a building and is renting part of the building's space to a doctor. further suppose that because the candy maker is the owner, he has the right to make noise during the day while he makes candy. while the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. however, rent in the next best building is $350/month more than rent in the noisy building. the candy maker can adopt a new technology that eliminates the noise for $275/month. given this situation, can the doctor find a private solution with the candy maker that will make both better off?

What is the definition of an entrepreneur