TC Corp. paid a dividend today of $5 per share. The dividend is expected to grow at a constant rate

of 6.5% per year. If TC Corp. stock is selling for $50.00 per share, the stockholders' expected rate of
return is

A) 15.49%. B) 13.56%. C) 11.50%. D) 16.50%.


D

Business

You might also like to view...

Employee involvement in a lean environment means:

I. Operators must take responsibility for improving the process. II. Management must take more of a leadership role. III. Staff must be trainers and assist line people. A) I, II and III B) II and III only C) I and II only D) I and III only E) none of the above

Business

Regulations properly adopted by agencies are important, but they do not have the full force of law, as do statutes

Indicate whether the statement is true or false

Business

Why did the Federal Trade Commission enact the Franchise Disclosure Rule?

What will be an ideal response?

Business

In which year was the federal Health Insurance Portability and Accountability Act (HIPAA) enacted??

A) ?1889 B) ?1899 C) ?1998 D) ?1999

Business