Atlas Mines has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 2.75 percent annually. The firm just paid an annual dividend of $1.67. What will the dividend be six years from now

1.9652

Explanation:

Data provided in the question

Annual dividend at constant rate = 2.75%

Annual dividend = $1.67

So by considering the above information, the dividend be six years from now is

= Annual dividend × (1 + growth rate)^number of years

= $1.67 × (1 + 2.75%)^6

= $1.67 × 1.1767

= 1.9652

We simply apply the above formula so that the dividend after six year could come

so they can see what that city is producing and to also see if they can some how get that product. like gold in africa.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.