A stock is expected to pay a dividend of $2.50 per share indefinitely. The stock is expected to generate a return of 8 percent in the foreseeable future. Based on this information, a fair price of this stock would be

In economics, the main difference between market and government stems from differences in

A) attitude. B) prevailing property rights. C) competition and cooperation. D) men and women. E) the majority and the minority.

A corporation ________ taxes on its profits and its stockholders ________ taxes on any dividends made to them by the company

A) pays; pay B) pays; do not pay C) does not pay; pay D) does not pay; do not pay