Kelly Enterprises' stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now?
a. $40.17
b. $41.20
c. $42.26
d. $43.34
e. $44.46
e
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Which of the following statements about complaints is true?
A. Complaints cannot be eliminated; they can only be reduced in frequency. B. Handling complaints properly is most important during the commitment stage of a partnership. C. Only when complaints are eliminated can a true partnership be formed. D. A complaint should be predominantly attributed to the customer's handling or misuse of the product. E. All of these
Cooper's inventory has been financed 100% with a long-term note. The note is coming due in 2016. Cooper has received a commitment from a new lender that permits five-year refinancing of debt up to an amount equal to 50% of inventory, which is expected to range between $14,000 and $20,000 in 2016. At December 31, 2015, how much of the company's currently maturing note payable can be classified as
long-term debt? A) $7,000 B) $6,000 C) $10,000 D) $9,000
Companies provide rewards to customers who buy often and in substantial amounts. These reward schemes are referred to as ________ programs
A) benefit B) frequency C) satisfaction D) profitability E) quality
Which of the following is NOT a form of interviewing in the data collection stage of the research process?
A) telephone interviewing B) mail interviewing C) electronic interviewing D) observational interviewing E) personal interviewing