Neeson Co. paid dividends in the last three years of $3.00, $3.15, and $3.31, respectively. The current stock price of Neeson is $30.00. Assuming the next dividend will grow at the same rate as the last three years, what is Neeson's cost of equity?

A) 16.62%
B) 10.00%
C) 11.59%
D) 16.03%
E) 12.52%


A

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A) $9,000.00 B) $10,500.00 C) $5,250.00 D) $4,500.00

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If you cannot see a relationship between you and the job or company that you want to apply for, you might have difficulty demonstrating the interest or sincerity needed to sell yourself

Indicate whether the statement is true or false

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Abel Inc. applies the low regular dividend plus extras policy when determining how much of its income will be paid out as dividends each year. Abel's policy states that the minimum dividend that will be paid each year is $1.00 per share. But, when net income is greater than $80 million, the total dividend will be increased by 40 percent of the amount that exceeds $60 million. The firm currently has 10 million shares of stock outstanding. What will be the dividend per share if Abel earns $100 million?

A. $2.60 B. $1.80 C. $1.00 D. $5.00 E. $3.00

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Market commonality is the extent to which rivals draw from the same types of resources.

Answer the following statement true (T) or false (F)

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