Sure, I'd be happy to help you with your question. The formula for mark-up pricing determinations, P= MC/(1+1/E), is an important pricing strategy used by businesses to determine the price of a product. The price elasticity of demand (E) plays a critical role in this formula as it represents the responsiveness of consumers to a change in price.
a. There are two instances where the relative size of the price elasticity of demand might influence price. The first instance is when a product has a relatively elastic demand, meaning that consumers are highly responsive to changes in price. In this case, a small increase in price could lead to a significant decrease in demand, resulting in lower revenues for the business. Therefore, businesses need to be careful when setting prices for products with an elastic demand.
The second instance is when a product has a relatively inelastic demand, meaning that consumers are less responsive to changes in price. In this case, businesses can increase prices without seeing a significant decrease in demand. Therefore, products with an inelastic demand can command a higher price, resulting in higher profits for the business.
b. Price theory can help explain the relative expensiveness of insulin. Insulin is a lifesaving medication for people with diabetes, and the demand for it is relatively inelastic. This means that people with diabetes are willing to pay a high price for insulin as they need it to manage their condition. Additionally, the market for insulin is dominated by a few large pharmaceutical companies, which have significant market power. This allows them to charge high prices for insulin, knowing that consumers have few alternatives. As a result, the relative expensiveness of insulin can be explained by the combination of inelastic demand and market power.
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A person works as a cashier in a major supermarket. She sells vegetables to
customers, including local restaurants that use these ingredients to make
meals for their customers. The supermarket pays the cashier wages for her
work, which she uses to buy her own groceries and pay bills.
When the supermarket in the passage sells vegetables to restaurants, it takes
on which role in the circular flow of goods?
O A. Business market
O B. Resource market
O c. Product market
O D. Household market
Answer: IT B B
Explanation:
Trust the process
When the supermarket in the passage sells vegetables to restaurants, it takes a resource market role in the circular flow of goods. The correct option is b.
What is a resource market?Resource market definition formally refers to a market that furnishes companies, firms, and organizations with the factors of production in exchange for monetary benefits. Resource markets are those which provide businesses with the resources they need to provide the goods or services they offer. In this sense, these markets are more business-to-business than business-to-consumer.
A resource market may also be referred to as a factor market, which economists use to separately refer to all the resources that businesses employ to legally acquire what they need to undertake in the production of goods and services. It can also be termed the input market. Factors of production acquired in the concept or resource/factor markets include labor, capital, and land.
A simplistic definition is that a resource market is a market that provides businesses with the resources they need to produce goods and services.
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What type of relationship do a lawyer and a client have?
A) an administrative relationship
B) a labor relationship
C) an agency relationship
D) a tort relationship
Answer:
An Agency relationship but it's D on Edge
Explanation:
The type of relationship a lawyer and a client have is an agency relationship. Thus option (C) is correct.
What is an agency?An agency is a business, firm, or organization that provides a specific service. Sometimes but not always the agencies also work on behalf of another group, business, or person.
Some agencies work for the private sector like an advertising agencies, employment agencies, and travel agencies. Some are government agencies for example they are part of the public sector.
The advertising agencies, add agencies, or creative agencies are firms that focus on creating, planning, and handling advertising. In fact, some employment agencies belong to the government; therefore, they may also be in the public sector.
The type of relationship a lawyer and a client have is an agency relationship. Therefore, option (C) is correct.
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What sports have been founded by an entrepreneur?
An individual who plans, manages, and takes on the risk of a sport-related business enterprise is known as a sports entrepreneur. There are numerous instances of professional players succeeding in business after leaving sports.
The most well-known professional sport players who successfully transitioned from athletics to entrepreneurship include Payton Manning, David Beckham, John Elway, Magic Johnson, and Venus Williams, to name just a few. Many of you are familiar with his court movements. It is less typical to be aware of his entrepreneur side. However, how many companies does Shaq actually own? Even though the solution is not obvious, it is still amazing.
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Hospitals, colleges and universities, and museums fall into the ______ category of business customers.
Hospitals, colleges and universities, and museums fall into the institutional customers category of business customers.
What are Institutional customers?Institutional customers are organizations that provide goods and services to others and are characterized by their relatively stable and predictable demand for products, as well as their relatively large order size.
These customers often have specific needs and requirements, such as compliance with regulations, safety standards, and other policies. They may also have longer purchasing cycles and decision-making processes, as well as complex procurement procedures and negotiations. Other examples of institutional customers include government agencies, non-profit organizations, and religious institutions.
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Which of the following will result in your paying the largest amount of interest to the credit card copany?Paying 20% of your credit card balance every monthMaking the minimum payment every monthPaying off your balance every monthSaying "credit" every time the cashier asks "Debit or Credit?"
Paying 20% of your credit card balance every month will result in your paying the largest amount of interest to the credit card company.
What is an credit card?Credit cards typically have a higher annual percentage rate (APR) compared to other consumer loans. Interest is ordinarily charged on any unpaid balances charged to the card around a month after a purchase is made, unless there is a 0% APR introductory offer in place for a specific amount of time after account opening. But there is no grace period for new charges if past due balances from a prior month were carried forward.
According to the law, credit card companies must give customers a grace period of at least 21 days before interest on purchases begins to accrue. As a result, it's always a good idea to pay off balances before the grace period expires.
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You are a part-time worker at a small neighborhood grocery store. You've been working in the store for only a few days, but already you know you like the job and your employer. It's close to your home, so it's very convenient. However, you're worried about security because you often work alone. There is a security camera, but it doesn't look like it's working. Posters and flyers completely fill the windows, making it impossible to see in or out. And the streetlights outside the store aren't very bright. You decide to talk about your concerns with the store owner.
Answer:
Despite liking the job due to the comfort and convenience which it offers, the security challenge is not something to wish off. I would engage with the store owner to see in which ways which he could improve the security of the store.
For example, changing the security camera, and removing the posters and flyers which fills the windows could be a great way to start. Also, with time, he could consider hiring a security guard who could be stationed in front of the store for few hours work in the night. this would guaranteed extra layer of security.
Explanation:
An invoice in the amount of $916 is subject to a trade discount of 10% and credit terms on 3/10, n/30. if the invoice is not paid within the discount period, the amount that would be paid to satisfy the invoice would be
The amount that would be paid to satisfy the invoice would be $824.40.
If an invoice of $916 is subject to a 10% trade discount and credit terms of 3/10, n/30, but is not paid within the discount period, the amount to satisfy the invoice would be calculated as follows.
1. Apply the trade discount to the invoice. Hence,
Discount = $916 x 0.10
Discount = $91.60
2. Subtract the discount from the original amount. Hence,
Invoice amount = $916 - $91.60
Invoice amount = $824.40
Since the invoice is not paid within the 3/10 discount period, the full amount after the trade discount ($824.40) would need to be paid to satisfy the invoice.
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After adjusting your seat, your _____ should be as close as possible to the backrest.
A. hands
B. arms
C. bottom
D. legs
Answer:
C. Bottom is the answer
Explanation:
My parents would always yell at me to scooch backwards in the car if I was leaning too far forward. I don't need to know how to drive to know this.
This is a question about driving right? Lol, cause if it's not, sorry.
omeone who likes building, designing, or creating things probably has a(n) _____. a. naturalistic learning styles b. bodily/kinesthetic learning style c. logical/mathematical learning style d. visual/spatial learning style Please select the best answer from the choices provided A B C D
Answer:
D. Visual/spatial learning style.
Explanation:
Someone* have a great day<3
Answer:
I assume D
Explanation:
A is a maybe but when it comes to buildings, It tips me off of the idea from an naturalist style,
b doesn't seem to be the answer as if " learning takes place by the students carrying out physical activities, rather than listening to a lecture or watching demonstrations."
C logical and mathicals ways is different from designs and the artistic way of building this seems to be in a career for maybe a bank teller or a teacher
To buy a product, customers in a market must first
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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When the sum of all entries in the subsidiary ledger equals the balance in the corresponding general ledger account, it is assumed that
A) the recording processes were accurate.
B) all source documents were recorded.
C) adjusting entries are not required.
D) no errors exist in the subsidiary ledger.
When the sum of all entries in the subsidiary ledger equals the balance in the corresponding general ledger account, it is assumed that the recording processes were accurate, Option A
This indicates that the subsidiary ledger, which contains detailed information about individual accounts, reconciles with the general ledger, which contains summary-level information for all accounts. If the subsidiary ledger is in balance with the general ledger, it suggests that all transactions were properly recorded and that no errors were made during the recording process. Hence the answer will be be option A the recording processes were accurate. However, it does not necessarily indicate that all source documents were recorded or that adjusting entries are not required. Therefore, it is important for accountants to review both the general ledger and subsidiary ledgers to ensure the accuracy of financial statements.
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Which of the following tabs on the Ribbon contains the themes which can be applied to a presentation?
O Home
OInsert
O Design
0 Slide Show
Answer: Your answer is insert,
Explanation: If you click design, only thing you're able to do is change the font and appearance of your letters, it's basically like an advanced format setting for text to speech.
what is the product of asset value and the exposure factor? question 1 options: a) risk assessment b) annual loss expectancy c) single loss expectancy d) actual cash value
The product of asset value and the exposure factor is a key component in determining both the single loss expectancy (SLE) and annual loss expectancy (ALE) in the field of risk assessment. The correct answers of this question are option B and C
By multiplying these two values together, the SLE can be determined, which represents the expected monetary loss from a single occurrence of a risk or threat affecting the asset. For example, if the asset value is $100,000 and the exposure factor is 50%, then the SLE would be $50,000.
The ALE, on the other hand, takes into account the probability or likelihood of the risk occurring over a specific period of time, such as a year. To calculate the ALE, the SLE is multiplied by the annualized rate of occurrence of the risk.
By identifying and quantifying the potential losses associated with specific assets, organizations can better prioritize their risk management efforts and allocate resources accordingly. The correct answers of this question are option B and C
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do chip credit cards protect against online purchases
Answer:
Protecting Against Payment Card FraudExplanation:
The chips do nothing to protect against online payment card fraud, which depends on account numbers and passwords rather than the physical cards. As one security expert noted, computers and mobile devices don't have card readers attached.
Which is the opportunity cost for attending college?
A
tuition and fees
B
room and board
С
lost income from not being able to work full time
D
the salary earned after graduating college
In the log-log model, the slope coefficient indicates
A) the effect that a unit change in X has on Y.
B) the elasticity of Y with respect to X.
C) ΔY / ΔX.
D) ΔY / ΔX. × Y/X .
interpretation only holds when Y and X are in their original units, not in logarithmic form. Therefore, the correct answer to the question is still B the elasticity of Y with respect to X.
The log-log model is a linear regression model that uses logarithmic transformations of both the dependent variable (Y) and the independent variable (X) in order to estimate the relationship between them. Specifically, the model is specified as follows:
log(Y) = α + β log(X) + ε
where α is the intercept term, β is the slope coefficient, and ε is the error term.
The main advantage of the log-log model is that it allows us to estimate the elasticity of Y with respect to X, which is a measure of the percentage change in Y that results from a 1% change in X. This is because the slope coefficient in the log-log model is equal to the elasticity of Y with respect to X. Therefore, the correct answer to the question is B) the elasticity of Y with respect to X.
To understand why this is the case, we need to take the derivative of the log-log model with respect to X:
d(log(Y))/d(X) = β d(log(X))/d(X)
Using the chain rule, we can simplify this expression:
d(log(Y))/d(X) = β/X
This tells us that the percentage change in Y resulting from a 1% change in X is equal to β/X. In other words, the elasticity of Y with respect to X is β/X. It's worth noting that this interpretation of the slope coefficient only holds when both Y and X are in logarithmic form. If only one of them is transformed, the slope coefficient will not equal the elasticity of Y with respect to X. Furthermore, if we exponentiate both sides of the log-log model, we can see that the slope coefficient represents the effect that a unit change in X has on Y in percentage terms. This is because:
Y = exp(α) * X^β * exp(ε)
Taking the derivative of this equation with respect to X, we get:
d(Y)/d(X) = exp(α) * β * X^(β-1) * exp(ε)
Dividing both sides by Y and multiplying by X/Y, we get:
ΔY / ΔX. × Y/X = β
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From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whatever money she has left after paying her expenses each month. Jennifer is scheduled to work 80 hours in September. Find the minimum sales she needs in September to meet her goal of saving at least $1,500.
The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.
Given that,
Savings desired = $1500
Monthly expenses = $600
Let money earned by her every hour be \(x\)
No. of scheduled work hours \(=\) \(80\)
So,
Total money earned for the month \(=\) \(80\) × \(x\)
\(= 80x\)
As we know,
Money left = Total money earned - expenses
\(= 80x\) - \($600\) ...(i)
A.T.Q.
Money left must be = $1500
Then, by putting the variables in equation (i), we get
\(80x - 600 = 1500\)
Now, solving for \(x\)
\(80x - 600 = 1500\)
\(+600 = + 600\)
_______________
\(80x = 2100\)
\(x = 2100/80\)
∵ \(x = 26.25\)
Thus, the required sales are $ \(26.25\) per hour or ( \(26.25\) × \(80\) = $2100) for the month of September.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
find the equivalent taxable yield of the municipal bond for tax brackets of zero 10% 20% and 30% if it offers a yield of 3.70%
The equivalent taxable yield for the municipal bond would be 3.70% for the 0% tax bracket, 4.11% for the 10% tax bracket, 4.63% for the 20% tax bracket, and 5.29% for the 30% tax bracket.
Let's calculate the equivalent taxable yield for tax brackets of 0%, 10%, 20%, and 30% given a municipal bond yield of 3.70%.
1. For the 0% tax bracket:
Since there is no tax to be paid on the income, the equivalent taxable yield would be the same as the yield of the municipal bond, which is 3.70%.
2. For the 10% tax bracket:
To calculate the equivalent taxable yield, we subtract the tax rate from 1 (to get the after-tax rate) and then divide the yield of the municipal bond by the after-tax rate.
(1 - 0.10) = 0.90
Equivalent taxable yield = 3.70% / 0.90 = 4.11%
3. For the 20% tax bracket:
Using the same formula as above:
(1 - 0.20) = 0.80
Equivalent taxable yield = 3.70% / 0.80 = 4.63%
4. For the 30% tax bracket:
Again, using the formula:
(1 - 0.30) = 0.70
Equivalent taxable yield = 3.70% / 0.70 = 5.29%
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What are the board directors in charge of
Answer:
The board of directors is elected to represent shareholders' interests
Explanation:
Every public company must have a board of directors composed of members from both inside and outside the company. The board makes decisions concerning the hiring and firing of personnel, dividend policies and payouts, and executive compensation. hope this helps you :)
4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
In the market for good X there are three buyers, Adam, Bill, and Carolyn. Adam buys 3 units of good X at $4, Bill buys 7 units of good X at $4, and Carolyn buys 8 units of good X at $4. One point on the market demand curve for good X consists of a price of _____________ and a quantity demanded of __________________ units. a. $4; 10 b. $4; 18 c. $4; 15 d. $5; 8 e. none of the above
The market demand curve for good X is a graphical representation of the quantity demanded of a good at a given price.
The market demand curveThere are three purchasers looking to purchase good X: Adam, Bill, and Carolyn. Bill purchases 7 units of good X for $4, Carolyn purchases 8 units of good X for $4, Adam purchases 3 units of good X for $4. A price of $4; 10 and a quantity needed of $4; 15 units make up one point on the market demand curve for good X.The quantity demanded of a good at a specific price is represented graphically by the market demand curve for good X. In this instance, the requested quantity is 15 units, and the offered price is $4.By examining the total number of units of good X being bought at the specified price, it is possible to identify this point on the market demand curve.The point on the market demand curve for good X in this instance is $4; 15 units since Adam, Bill, and Carolyn are collectively purchasing 18 units of good X at a cost of $4.To learn more about The market demand curve refer to:
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As a salaried employee, Richard Hernandez earns $776 each week. In one week, he worked 50 hours. What is his gross pay for that week?
Answer:
He would get paid $38,800 he will get $38,800 because I multiplied $776 and the 50 hours and that's how I got $38,800.
l-----------------------------------------------------------
Answer:
ja. what do you want to ask?
Answer:
Am sorry but there is no question please
Taking notes is likely to increase your
A. Enunciation
B. Focus
C. Speaking ability
D. Logic
Answer:
A. Enunciation
Explanation:
Answer:
A
Explanation:
Jana i making greeting card that are 4 inche long and 3. 5 inche wide to ell at a craft fair
Length of red ribbon needed to decorate each greeting card would be 15 inches [2(4)+2(3.5)]. It is done by finding out perimeter (length around the card) of each card.
Calculation:Measurements given, the shape of the card rectangle.
The formula for perimeter of a rectangle is P = 2L+2W.
given,
L=4 inches, W=3.5 inches
Hence,
P = 2L+2W = 2(4)+2(3.5) = 8 + 7 = 15 inches
So, the length of red ribbon needed to decorate each card is 15 inches.
What do you write on a greeting card?Wishing you a lifetime of happiness.
Best wishes on your wonderful new journey together.
Thank you for letting us share such a special day with you.
Thanks for the free booze! Best wishes on a long and happy marriage.
Congrats and welcome to the family.
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complete question:
Jana is making greeting cards that are 4 inches long and 3.5 inches wide to sell at a craft fair. She decorates each card by putting a strip of red ribbon along the border all the way around the card. how much ribbon is needed to go around the edge of the card?
Each greeting card would require 15 inches [2(4)+2(3.5)] of red ribbon to be decorated. It is done by measuring each card's perimeter (the distance around it).
measurements and the rectangular form of the card:
P = 2L+2W is the equation for calculating a rectangle's perimeter.
as follows: L=4 inches, W=3.5 inches
P is thus equal to 2L + 2W = 2(4) + 2(3.5) = 8 + 7 = 15 inches.
Therefore, 15 inches of red ribbon are required to embellish each card.
How should you phrase a friend's card?
For the remainder of your life, may you be happy.
I'm wishing you well on your exciting new journey as a couple.
We appreciate you giving us the chance to be a part of such an important day.
The drinks are on us, and I appreciate that! Many congratulations on your impending nuptials and long-lasting union.
Thank you for joining the family, and happy new year.
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For a contract to be valid it must contain essential features. The feature that describes an expression of interest of one party to another and a subsequent act of indication to accept the terms outlines is
Answer:
For a contract to be valid it must contain essential features. The feature that describes an expression of interest of one party to another and a subsequent act of indication to accept the terms outlines is:
Agreement or mutual consent.
Explanation:
Mutual consent or agreement is given expression by a valid offer by one party and acceptance by the other party. These are then backed by adequate consideration, proof of the capacity of the contracting parties, and the legality of the subject of the contract. Without the agreement or mutual consent between the contracting parties, the contract is not enforceable, ab initio. It is this essential element of a contract that shows that the parties are interested in entering into some binding relationships for their mutual benefits.
Which best describes a central bank’s primary goals?
Limiting inflation and reducing unemployment.
Reducing unemployment and maintaining cash flow.
Controlling stagflation and reducing unemployment.
Managing credit and ensuring the money supplies liquidity.
Answer: A-limiting inflation and reducing unemployment
Explanation: edeg2020
The primary goal of the central bank of a country is to:
Limiting inflation and reducing unemployment.What is the central bank?The central bank is the highest bank of the country. This is the bank that is in charge of all other banks in the nation.
The bank is responsible for the control of the country's currency. They are also responsible for the supply of liquidity.
But their main function in the economy is to Limit inflation and reduce unemployment.
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will give brainliest 5
Answer:
ok
weeeeeeee weeeeeee lugi
Answer:
1,2,3,4,5 hope this helps :)
Explanation:
7. Kraft Company expects to give a dividend of $2 next year. Dvidend increases by 4 per cent require a 12% return. What will be the price of Company A stock today and in three years based on the dividedn growth model
Answer:
$28.125
Explanation:
Dividend D1= $2
(Dividend is given at the end of 1 year)
Growth g= 4% or 0.04
Required Return r = 12% or 0.12
Step1- Share price of company A today
As per Dividend Growth Model
Share price =Expected dividend/(required return - growth rate)
S0 = Do(1+g) / (r-g)
S0 = D1/(r-g)
S0 = 2/(0.12-0.04)
S0 = $25
Therefore share price of company A today for given details will be $25
Step2 - Expected dividend at the end of 3 years
D4=D0(1+g)^4
( as we already have D1 which is one time growth multiplied, therefore to find dividend at the end of 3rd year we will multiply 1 Less growth multiplier to D1)
D4= D1(1+g)^3
D4 = 2(1+0.04)^3
D4 = $2.25
Step3 - Share price of company A in 3 year
Share price =Expected dividend/(required return - growth rate)
S3 = D4/(r-g)
S3 = 2.25/(0.12-0.04)
S3 = $28.125
Therefore share price of company A in 3 years for given details will be $28.125