Herzberg's Hygiene-Motivator theory is based on a needs theory

Use the information provided in Table 1.1. An example of an external customer is:

A) the lumber company. B) the Receiving Department at ABC. C) the Shipping Department at ABC. D) the toy store at the mall.

Natalie is interested in valuing the shares of Union Aerospace (UA). UA pays dividends annually. She expects the stock to pay dividends of $3 at the end of each of the next four years

Thereafter, she expects the dividend to grow at 7% per annum in perpetuity. If her required return is 12%, then how much should she pay for a share? A) $43.63 B) $45.54 C) $47.24 D) $49.91 E) $73.31