For $32.45 per share, and the firm expects its per-share dividend to be $2.35 in one year. analysts project the firm’s growth rate to be constant at 5.72%. estimating the cost of equity using the discounted cash flow (or dividend growth) approach, what is pierce’s cost of internal equity?

Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.

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