Which of the following will cause an increase in the current price of a stock?Ptoday = 
A. A decrease in the risk-free return
B. A decrease in the current dividend
C. Both an increase in the risk-free return or an increase in the current dividend
D. A decrease in the dividend growth rate
Answer: A
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The long-run Phillips curve shows the relationship between the ________ and the ________ when there is no ________ unemployment
A) inflation rate; employment rate; seasonal B) inflation rate; unemployment rate; cyclical C) inflation rate; unemployment rate; structural D) nominal interest rate; real interest rate; frictional E) nominal interest rate; unemployment rate; cyclical
The extent to which the demand for a good changes when the price of a substitute or complement changes, other things remaining the same, is measured as the
A) income elasticity of demand. B) cross elasticity of demand. C) price elasticity of demand. D) price elasticity of supply. E) cross income elasticity of demand.
A _____ is when no one outcome can defeat all others by majority rule
a. cyclical majority b. single-peaked preference c. political business cycle d. political institution
Blanket standards on imports usually address issues affecting:
A. domestic consumers. B. domestic producers. C. foreign production practices. D. They can be used to address any of these.