Most modern banking systems are based on:

If a company pays a dividend of $5 to be received one year from now, dividends are expected to grow at a rate of 8 percent per year for the indefinite future, and the interest rate is 14 percent,

the price of the company's stock should be ________ per share. A) $8.00 B) $83.33 C) $227.27 D) $610.00

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

According to economist Paul? Romer, ideas are what drive economic growth.