A share of common stock has an expected long-run constant growth rate of 10 percent and is currently priced at $66 per share. If investors require 15% rate of return, what was the last dividend paid on the stock?
A) $2.20
B) $1.95
C) $6.15
D) $3.00
E) $3.30
D
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Applying your own cultural practices and beliefs to a situation involving someone from another culture is highly recommended.
Answer the following statement true (T) or false (F)
Most businesses have an operating cycle of greater than one year
a. True b. False Indicate whether the statement is true or false
Which of the following would a consumer be most likely to consult just before making a purchase decision?
A) television B) a directory C) out-of-home media D) radio E) branded entertainment
Which of the following is a posttesting technique used by telephone survey or personal interview to determine whether a person remembers seeing an ad during a specified period without giving the person the name of the brand?
A) unaided recall B) attitudinal measure C) pulsing D) gross rating points (GRPs) E) corrective advertising