You expect a stock to pay a dividend of $2 a share in the upcoming year, and you expect that dividends will grow by 12% a year. If the current price of the stock is $50, its expected return is 16%

Indicate whether the statement is true or false

TRUE

Business

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What is the function of a purchasing cooperative, or co-op?

(A) To sell the goods or services produced by members. (B) To work to improve the image and working conditions of members. (C) To obtain lower prices for members. (D) To save income taxes for members.

Business

Organizations as diverse as Disney, Caterpillar, and the National Basketball Association make extensive use of licensing in overseas markets

Indicate whether the statement is true or false

Business