The Last Dividend Paid by New Technologies Was an Annual

question 3

Multiple Choice

The last dividend paid by New Technologies was an annual dividend of $1.40 a share.Dividends for the next 3 years will be increased at an annual rate of 8 percent.After that,dividends are expected to increase by 3 percent each year.The discount rate is 16 percent.What is the current value of this stock?

• A) $10.40
• B) $12.60
• C) $13.33
• D) $14.10
• E) $15.55

Perform operations with numbers in scientific notation.

Perform operations and simplifications involving algebraic expressions.

Apply the FOIL method for multiplying binomials.

Understand and apply the concept of a polynomial in standard form and identify its leading coefficient.

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Definitions:

High-value Bidders

Individuals or entities willing to offer significantly higher prices in auctions, typically due to the perceived value of the item or contract.

Low-value Bidders

Participants in an auction or competitive process who offer significantly lower bids compared to others.

Bid-rigging Cartel

A group of firms that illegally coordinate their bids to control market prices and eliminate competition in auctions or tender processes.

Winning Bid

The highest offer made in an auction that secures the purchase of the item or service.