You are trying to determine the fair price to pay for a share of JM Smucker. If you buy this stock, you plan to hold it for at least a year. At the end of the year, you expect to receive a dividend of $5.50 and to sell the stock for $154. The discount rate for JM Smucker stock is 16%. What should be the price of this stock today

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?