Savickas Petroleum's stock has a required return of 12.00%, and the stock sells for $36.00 per share. The firm just paid a dividend of $1.00, and the dividend is expected to grow by 30.00% per year for the next 4 years, so D4 = $1.00(1.30)4 = $2.8561. After t = 4, the dividend is expected to grow at a constant rate of X% per year forever. What is the stock's expected constant growth rate after t = 4, i.e., what is X? Do not round your intermediate calculations.
A. 5.63%
B. 4.39%
C. 6.20%
D. 4.96%
E. 5.69%
Answer: A
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GATT, NAFTA, and the EU are all examples of market groupings.
Answer the following statement true (T) or false (F)
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Section 3(a) of META which says that an:? A) ?employee can be fired without any reason. B) ?employee may not be terminated without good cause. C) ?employee can be terminated in financial crises. D) ?employee may not be terminated with good cause.