where an investmenVicky Robb is considering purchasing the common stock of Hawaii Industries, a rapidly growing boat manufacturer. She finds that the firm’s most recent (2020) annual dividend payment was $2.50 per share. Vicky estimates that these dividends will increase at a 20% annual rate, g1, over the next 3 years (2021, 2022, and 2023) because of the introduction of a hot new boat. At the end of the 3 years (the end of 2023), she expects the firm’s mature product line to result in a slowing of the dividend growth rate to 8% per year, g2, for the foreseeable future. Vicky’s required return, rs, is 15%. Required: What is the current (end-of-2020) value of Hawaii’s common stock, P0 = P2020.t banker plays a crucial role in a public offering?

this question relies purely on our observation of the graph and a knowledge of the behaviour of a graph of a hyperbola.

now, what we should realise is that there are two asymptotes - one at x = 0 and one at y = 0. what this means is that the graph will gradually approach, but never touch, these two lines. so, as x becomes more positive (ie. 'a very large positive number'), it will get closer to the line y = 0 (ie. the x-axis) - which means that the value of f(x) will gradually become smaller and closer to 0 - but will never reach it.

we can also observe this from the right half of the graph, where the graph gradually lowers closer and closer to the x-axis as x increases. what is important to note however is that it will never actually touch the x-axis (ie. f(x) will not equal 0) since there is an asymptote there. given this, we can see that option d, f(x) is a very small positive number, would be correct.

step-by-step explanation:

1

the 8 in 8,420 is in the thousands place so it's value is 8 thousand.

the 8 in 6,870 is in the hundreds place so it's value is 8 hundred.

divide 8000 by 800 to find the answer:

8000 / 800 = 10

the 8 in 8,420 is 10 times greater than the 8 in 6,870