Analysts commonly use the ________ to measure market return
A) the Dow Jones Industrial Average
B) the rate of return on 10 year Treasury bonds
C) some large, mainstream company such as General Electric
D) the Standard & Poor's 500 Index
Answer: D
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What should be the stock value one year from today for a stock that currently sells for $35, has a required return of 15 percent, an expected dividend of $2.80, and a constant dividend growth rate of 7 percent?
A) $43.05 B) $37.80 C) $40.25 D) $37.45
Licensees who fail to renew their license within 32 days after their anniversary date need to
a. pay the renewal fee plus pass the state exam b. take the ACU course plus pay the renewal fee c. pay the renewal fee plus a reinstatement fee of one-half of the renewal d. pay the renewal fee within 35 days or pay a fine