Assume Highline Company has just paid an annual dividend of . Analysts are predicting an per year growth rate in earnings over the next five years. After​ then, Highline's earnings are expected to grow at the current industry average of per year. If​ Highline's equity cost of capital is per year and its dividend payout ratio remains​ constant, for what price does the​ dividend-discount model predict Highline stock should​ sell

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

$2.00 for three shots.

answer makes less frequent trips to the bank and firms make less frequent price changes;

i have economics during second block which is easy to me. anyways, i think b.