DC Motors recently paid $1.10 as its annual dividend. Future dividends are projected at $1.06, $1.02, and $1.00 over the next three years, respectively. After that, the dividend is expected to decrease by 2 percent annually. What is one share of this stock worth at a rate of return of 17 percent?

A) $5.62
B) $5.50
C) $5.21
D) $5.33
E) $5.98


B) $5.50

Business

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In Germany, each major industry has a dominant employer association and union that engage in _______________________________, or industry-wide bargaining, to produce a contract for the entire industry.

Fill in the blank(s) with the appropriate word(s).

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According to the leader-exchange model, a high level of teamwork exists within the in-group

Indicate whether the statement is true or false.

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Jones Blanket Company sells blankets for $25 each. The variable cost of each blanket is $10. If fixed

cost is $4,500,000, then the break-even point is 300,000 units. Indicate whether the statement is true or false

Business

The states have a severely restricted power to enact laws that affect interstate commerce. This concept is called A)federalism

B)the undue burden concept. C)constitutional hierarchy. D)the dormant aspect of the Commerce Clause.

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