According to the Gordon-Growth model, what will be the percentage change in the value of the stock of a company whose current dividend is $10
00 and whose dividends had been expected to grow by 3% per year but now are expected to grow by 1% per year? A) -4.0%
B) -23.7%
C) -31.1%
D) -66.0%
B
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Use the above figure. The profit this monopolist earns is closest to
A) $3,000. B) $4,800. C) $1,600. D) $1,000.
People tend to eat more at all you can eat buffets than they would at any other restaurants. This is so because the cost of consuming an additional item at an all you can eat buffet is
a. negative b. zero c. positive d. None of the above
The sticky-wage theory of the short-run aggregate supply curve says that when the price level is lower than expected,
a. production is more profitable and employment rises. b. production is more profitable and employment falls. c. production is less profitable and employment rises. d. production is less profitable and employment falls.
The study of an individual's choice about what type of computer to buy is a subject of
A. microeconomics. B. an aggregate concept. C. macroeconomics. D. not a concern for economic analysis.