Apple Inc. is expected to pay a dividend of $2.20 at the end of the coming year. It is expected to sell for $80 at the end of the year. If its equity cost of capital is 15%, what is the expected capital gain from the sale of this stock at the end of the coming year

Step-by-step explanation:

d1 = 2.20

p1 = 80

k - cost of capital, 15%

p0 = (p1+d1)/(1+k) = (2.20+80)/1.15 = 82.20/1.15 = $71.48

Capital gain = 80 - 71.48 = 8.52

Capital gain in percentage = (80-71.48)/71.48 = 11.92%

answer: i forgot

step-by-step explanation:

13

step-by-step explanation:

169-1=168

168-3=165

165-5=160

160-7=153

153-9=144

144-11=133

133-13=120

120-15=105

105-17=88

88-19=69

69-21=48

48-23=25

25-25=0

since it took 13times to completely subtract it hence its square root is 13