Public reports expire

A. five years from the date of the first sale.
B. five years from the date of the last sale.
C. five years from the date of issuance.
D. one year after issuance.

Answer: C. five years from the date of issuance.

Business

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Indicate whether the statement is true or false

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Tangshan China's stock is currently selling for $160.00 per share and the firm's dividends are expected to grow at 5 percent indefinitely

Assuming Tangshan China's most recent dividend was $5.50, what is the required rate of return on Tangshan's stock? A) 7.3% B) 8.4% C) 9.5% D) 10.6%

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