A stock is valued at $28.00. The annual expected return is 9.0% and the standard deviation of annualized returns is 19.0%. If the stock is lognormally distributed, what is the expected price after 4 years?
A) $28.00
B) $32.33
C) $40.13
D) $54.60
C
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Valor Company issued 5,000 shares of $1 par common stock for $30 per share, providing the company with $150,000 in cash. What effect, in addition to the increase in cash, does this transaction have on the accounting equation for Valor?
a. Common Stock increases $150,000. b. Common Stock increases $5,000; Additional Paid-in Capital—Common increases $145,000. c. Common Stock increases $5,000; Retained Earnings increases $145,000. d. Common Stock increases $5,000; Gain on Sale of Common Stock increases $145,000.
In a typical P.E.S.T analysis, which of the following examples is considered an economic trend
affecting the market? A) waiving off part of road tax levied on automobiles which use greener fuels B) imposing a new tax on citizens who move from one state to another C) passing a new law that restricts the amount of carbon oxide that industries can emit without penalties D) increasing the interest rate on home and automobile loans issued by banks
A service station that focuses on foreign car repairs utilizes a differentiated marketing strategy
Indicate whether the statement is true or false
Under the Revised Act, dividends must always be paid in money
a. True b. False Indicate whether the statement is true or false