A preferred stock will pay a dividend of $2.75 in the upcoming year and every year thereafter; i.e., dividends are not expected to grow. You require a return of 10% on this stock. Use the constant growth DDM to calculate the intrinsic value of this preferred stock.
A. $0.275
B. $27.50
C. $31.82
D. $56.25
B. $27.50
2.75/.10 = 27.50.
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When the seller is rightfully claiming for the buyer's rejection or repudiation, the seller can recover the difference between the contract price and the market price or:
A. half of the cost price. B. whatever the buyer determines in good faith. C. the amount equaling the accident insurance. D. the "profit" the seller lost.
The buyer and seller must act in good faith in the performance of a sales contract.
Answer the following statement true (T) or false (F)
Which of the following would Milton Freedman consider to be the best way for businesses to benefit the community?
a. Donate generously to local community-building projects. b. Act ethically in dealing with employees, environmental waste, and core mission. c. Be as financially successful as possible while obeying laws. d. Develop an internal culture that celebrates the employee, not the shareholder.
According to Hofstede’s Model of National Culture, cultures high on________ value heroes and material rewards.
A. assertiveness B. power-distance C. individualism D. collectivism E. nurturing