Valuation – Constant Dividend Growth model (DGM) Exhibit 10…

Valuation – Constant Dividend Growth model (DGM) Exhibit 10 provides the stock price and dividend paid (annual) by PCP on March 31, 2015. What is the estimate of the implied cost of equity based on the average of the high and low stock prices and the annual dividends reported on March 31, 2015? Use the constant dividend growth model and assume a dividend growth rate of 4.5% per year.

Consider the following elements of Buffett’s investment phil…

Consider the following elements of Buffett’s investment philosophy (IP) described in the case on pages 3 through 7. Which of these element(s) is (are) consistent with modern finance principles based on the finance courses you have taken? a) Economic reality, not accounting reality(IP 1)b) The Cost of lost opportunity (IP 2)c) Embrace the time value of money (IP 3)d) Measure performance by gain in intrinsic value, not accounting profit (IP 4)

A very skilled cyclist is going to ride their bike around a…

A very skilled cyclist is going to ride their bike around a vertical loop with uniform circular motion and a linear velocity of 9 m/s.  If the bike and the rider have a combined mass of 115 kg and the loop has a radius of 6m, solve for the force of friction and the normal force that are acting on the bike when; a) the bike is exactly halfway up the loop b) the bike is at the top of the loop  c) the bike is 25 degrees past the top of the loop