Smith Corporation's common stock is expected to pay a dividend of $3.00 forever and currently sells for $21.42. What is the required rate of return?
A) 10%
B) 12%
C) 13%
D) 14%
D
Business
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Which of the following terms indicates that a life insurance contract contains the enforceable promises of only one party?
A) Aleatory B) Conditional C) Unilateral D) Adhesion"
Business
A subject is said to have a security _________ of a given level
What will be an ideal response?
Business