Company ABC just paid an annual dividend of $3.55 on its common stock. The firm increases its dividend by 3.55 percent annually. What is the company's cost of equity if the current stock price is $43.24 per share?

8.5%

Explanation:

Company ABC just paid an annual dividend of $3.55

The firm increases its dividend by 3.55 percent annually

The current stock price is $43.24

Therefore the company cost of equity can be calculated as follows

= 3.55 × (1+3.55/100)/43.24+3.55/100

= 3.55 × 1+0.0355/43.24+0.0355

= 3.55 × 1.0355/43.2755

= 3.6760/43.2755

= 0.085× 100

= 8.5%

Hence the company cost of equity is 8.5%

gary will be given more time to file an amended complaint.

among other factors, composers started writing dynamic markings in their scores because "new instruments allowed for more dynamic ranges and contrast."

dynamics allude to the loudness or softness of music. dynamics offer an approach to demonstrate articulation in sheet music. they to drive the enthusiastic substance of music through volume and force. maybe you could alter both the volume and the shading profundity on your screen at the same time. we can likewise think about the force side of elements as the quality of a note. a few notes are intended to be played delicately and gently, while others are intended to be played all the more firmly.  

some dynamics markings have a letter 'm,' which remains for mezzo, signifying 'medium.' so a mezzo piano unique stamping resembles this (mp) and intends to play medium calm, while a mezzo specialty dynamic resembles this (mf) and intends to play medium loud.