snowman.

SnapGram, an App-based technology firm, floated its shares today with an IPO. The prospectus notes that SnapGram does not plan to pay any dividend in the foreseeable future and reported annual earnings of $2 per share (these are the earnings as of today). SnapGram has a Return on Equity of 1.5 percent, which is expected to stay the same forever. It is investors’ common belief that the appropriate discount rate is 10 percent and that in 4 years the firm will start distributing a dividend keeping the payout ratio constant after that. SnapGram’s closing share price today was $26.28. This trading price is the consensus valuation among investors and analysts.

1.What is the payout ratio in year 4 and beyond implied by investors’ valuation?

2.What is the implied PVGO?

I had a dream last night which suddenly reminded me of this novel i read AGES ago. And i have no idea title / author whatsoever. So here's to the best i can remember about plot:

Setting: somewhere cold, during the winter time. European country or Russia

Time: Back when they still used carriages and horses for travel

Main characters (man and woman) travel through the tough winter in a carriage

The heroine might have been pregnant?

I remember even less than i thought i did. Any help is well appreciated, thanks!

(or if you can recommend me somewhere to search by book plot?)

The AC unit is being fixed right now, the tenant claims that the temperature has reached 82º and is saying they will need to stay in a hotel if the temperature does not cool down. Will i need to reimburse them for hotel expenses if they ask me to?

I have a tenant staying in my condo for one month. They informed me that the A/C unit is not working, so i got a friend (who is a certified AC tech) to work on it. We went over to work on the unit the day after they called, and had to go back the second day again as we were unsure of the problem. We narrowed down the problem and will be ordering parts to make the repair. The tenant are frustrated with me, and told the AC tech that if i don't make repairs quicker, they will hire someone and bill me. Is this legal? The tenants did not even directly mention to me their intentions to make repairs. I just don't want to end up having to pay some expensive company they decide to hire.

I have a Macbook Pro

Normally when I'm home alone, our wifi is quite steady and can load webpages and videos without lagging. Whenever my roommate gets home though, she starts to watch videos and play games on her PC, it seems her computer gets "priority" in our home wifi and sometimes I cannot even load webpages or chat online. Are there apps or tweaks I can do to my computer so that I can get some priority over the wifi as well?

Thanks

I am purchasing a house in Florida. The previous owner has made a seasonal rental agreement / contract with a tenant (December 2014, previous owner has already received deposit etc.), when I become the owner of the house, am I required by law to honor that agreement?

I am purchasing a house in Florida. The previous owner has made a seasonal rental agreement / contract with a tenant (December 2014, previous owner has already received deposit etc.), when I become the owner of the house, am I required by law to honor that agreement?

I am purchasing a house in Florida. The previous owner has made seasonal rental agreements / contracts with tenants, when I become the owner of the house, am I required by law to honor those agreements?

J'ai un examen orale pour la classe de francais demain, est-ce que vous pouvez corriger mon discours s'il vous plait?

Le graffiti était premier vu en France dans les années soixante, avec l’influence venant de New York. Depuis lors, le graffiti s’est rapidement propagé à la France comme un virus. Il y a eu une discussion continue si le graffiti est l’art ou simplement le vandalisme.

Tout d’abord, le graffiti est illégal en France, et les activités illégales devraient être découragés. Beaucoup des personnes ont rencontré des problèmes légaux dus au graffiti, notamment les artistes fameuses comme Blek le Rat. Défigurer la propriété de quelqu’un, sans permission, ne devrait pas être toléré. Puis, bien que les chefs d’œuvres soient superbes, la plupart des graffitis fait par les adolescents sont laid ; ils n’ont aucun sens et peut être offensant. Ces graffitis négative défigurent la ville et peuvent encourager le crime. Ils ont aussi des influences négatives sur les habitent, car ils peuvent créer un sens d’un manque de sécurité. Le graffiti peut promouvoir des comportements négatifs, comme plus de vandalisme. De plus, le gouvernement et les individus doivent souvent utiliser beaucoup d’argent et des ressources pour nettoyer les graffitis.

En revanche, le graffiti encourage l’expression d’émotion et la créativité. Le graffiti est un moyen pour la masse d’exprimer leurs opinions sur les problèmes de la société, comme les questions politiques, et c’est la manière le moins nocive de la rébellion. Le graffiti sur les murs d’un bâtiment le donne caractère. Ceux-ci sont intégrés à la culture unique d’une ville. Le graffiti crée les communautés dynamiques et passionnantes, et il serve d’un compte-rendu d’une ville sur les murs. Ensuite, les chefs d’œuvres par les artistes comme Blek le Rat et Jef Aérosol doit être préservée et protégée, que d’être détruite ; il est important qu’on respecte les œuvres des artistes. Ces œuvres ont la valeur artistique ainsi que la valeur économique. Le graffiti partout d’une ville est aussi une source d’inspiration et encourage la collaboration entre les artistes.

Finalement, quant d’une étudiante d’art, je suis d’accord avec ceux qui parlent en faveur du graffiti comme une forme d’art. J’ai étudié un nombreuse d’artistes de graffiti et a mon avis, la pensée et l’effort qu’ils mettent dans leurs œuvres sont respectables, et le graffiti peut vraiment embellir les rues.

In chapter 6, the Little Prince says that he watched 44 sunsets, why is the Little Prince so sad?

Show that P(0,4,4), Q(2,6,5) and R(1,4,3) are vertices of an isosceles triangle

How do I show that? By drawing a 3D plane and graphing out the points?

Can anyone identify these plants? Thanks!

1. http://i52.tinypic.com/v8h7wm.jpg

2. http://i56.tinypic.com/oumr2e.jpg

3. http://i56.tinypic.com/2eyjq1f.jpg

4. http://i53.tinypic.com/jhyd1g.jpg

I have around 700 pages of piano music, all in individual GIF files on my computer. How can i combine and convert them to a single PDF file?

Instructions can be for both Macs or PCs. Thanks!

Thanks!

How can I solve this?

0 = e^x - 3e^(-x)

THanks!

So basically, the opposite of supply-side policies.

I know that the reduction of trade union power / minimum wage is market-oriented supply-side policy, but what (if any) kind of policy is the addition / increase of minimum wage?

If Good A and Good B are substitutes of each other (for example, coffee and tea), will the shortage of Good A result in an increase in demand for Good B?

Thanks.