Answered step by step
Verified Expert Solution
Question
1 Approved Answer
%RoR= (Net income/ Market Capitalization)x100 RoR=(21,220,000,000/156,324,468,853)x100 RoR= 13.57% a price if 4.85$ today would be 9.16$ 5 years from now. Question: can someone tell me
%RoR= (Net income/ Market Capitalization)x100
RoR=(21,220,000,000/156,324,468,853)x100
RoR= 13.57%
a price if 4.85$ today would be 9.16$ 5 years from now.
Question:
can someone tell me how he got the 9.16 from 4.85?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started