Antiques R Us is a mature manufacturing firm. The company just paid a $9 dividend, but management expects to reduce the payout by 8 percent per year, indefinitely. If you require a 14 percent return on this stock, what will you pay for a share today?

I will pay $40,9 for the share today

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $9 / ( 14% - (-8%) )

Price = $9 / 14% + 8%

Price = $9 / 22%

Price = $40.9

The amount to be paid for the stock: $1.82

Explanation:

The value of a stock is the present value of future cash flows expected from the stock discounted at the required rate of return.

Where dividend is expected to decline by an annual rate , the price of  a stock can still be determined using the dividend valuation model, but with a provision for a negative growth rate in dividend.

With a negative growth rate, the model is modified as follows:

P = D×(1-g) /(r - (-g))

D- 9, g - 8%, r- 14%

P = 9× (1-0.08)/(0.14-(-0.08)

  = $1.8216

The amount to be paid for the stock: $1.8216

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.