How Is Modern Technology Related to the Need for Skilled

question 21

Essay

How is modern technology related to the need for skilled and unskilled workers? Do machines cause a decline in total employment?

Comprehend the effect of changes in dividends, growth rates, and required returns on stock values.

Identify the tax implications of dividends for individuals and corporations.

Determine the effects of corporate dividend policies on stockholder wealth.

Understand the assumptions and limitations of the constant dividend growth model.

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Definitions:

Time Value

The viewpoint that money on hand today is considered more valuable than the same amount received in the future, due to potential earnings.

Money

A medium of exchange that facilitates trade, acting as a unit of account, a store of value, and sometimes, a standard of deferred payment.

Present Value Factors

Multipliers used in calculating the present value of a future cash flow, taking into account the time value of money and interest rates.

Future Value Factors

Future value factors are quantitative measures used in calculating the future value of an investment based on its present value, interest rate, and time period.