A firm has an expected dividend next year of $1.20 per share, a zero growth rate of dividends, and a required return of 10 percent. The value of a share of the firm's common stock is:

A) $120
B) $10
C) $12
D) $100


C

Business

You might also like to view...

Factors and constraints affecting either the success or failure of projects include

A) completion of the project to maximize project value for stakeholders. B) completion of the project within established performance and technology standards. C) completion of the project within allocated resources. D) all of the above.

Business

Oliver is in charge of making sure the raw steel brought into his company's factory is turned into high-quality bearings for sale to customers. Oliver is a(n) ____ manager.

A. marketing B. operations C. productivity D. middle E. finance

Business

________ refers to the feeling of having been too cheap in bidding and failing to win an auction.

A. Winner's lament B. Winner's regret C. Loser's lament D. Loser's regret

Business

An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as a(n)

A) regression line. B) glass ceiling. C) entry barrier. D) job limit. E) developmental milestone.

Business