Ancient Industries just paid a dividend of $1.03 a share. The company announced today that it expects to pay $.90 a share next year and a final liquidating dividend of $18.44 in two years. What is one share of this stock worth today if the required rate of return is 16 percent?

A) $14.94
B) $14.48
C) $13.23
D) $13.44
E) $13.60


B) $14.48

Business

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The names of the four major types of adjusting entries are___________, _________________________, _________________________, and _________________________

Fill in the blank(s) with correct word

Business

According to the text, personnel working in a foreign subsidiary are not working in the international environment

A. if they are responsible for the subsidiary's exports. B. if they are responsible for manufacturing activities within the foreign subsidiary, including purchasing inputs from another country. C. if they are the sales manager responsible for selling product in the home country and the foreign subsidiary's nation. D. if they work and live in the foreign subsidiary's country. E. if they manage workers in another country.

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On January 1, a company issues bonds dated January 1 with a par value of $200,000. The bonds mature in 3 years. The contract rate is 4%, and interest is paid semiannually on June 30 and December 31. The market rate is 5%.  Using the present value factors below, the issue (selling) price of the bonds is: n= i= Present Value of an Annuity(series of payments) Present value of 1(single sum)3 4.0%  2.7751 0.88906 2.0%  5.6014 0.88803 5.0%  2.7232 0.86386 2.5%  5.5081 0.8623

A. $205,607. B. $172,460. C. $194,492. D. $22,032. E. $200,000.

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Which of the following is an example of a wicked problem?

a. widespread famine in war-torn regions in Africa b. limited access to healthcare in rural India c. the global refugee crisis d. all of these

Business