A share of common stock has an expected long-run constant growth rate of 10 percent and is currently priced at $66 per share. If investors require 15% rate of return, what was the last dividend paid on the stock?

A) $2.20
B) $1.95
C) $6.15
D) $3.00
E) $3.30

D

Business

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Which of the following statements about public relations is FALSE?

A) Public relations is used to generate goodwill for an organization. B) Public relations is practiced by a wide range of organizations. C) On one level, public relations is a tactical function. D) Publicity and public relations are synonymous terms. E) A corporation's publics may be external and internal.

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Identify the possible remedies for a seller when the buyer breaches a contract

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