A particular stock sells for $43.20 share and provides a total return of 11.6 percent. The total return is evenly divided between the capital gains yield and the dividend yield. Assuming a constant dividend growth rate, what is the current dividend per share?

A. $2.24
B. $2.37
C. $2.34
D. $2.51
E. $2.47

Ans: B. $2.37

Business

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An owner who is interested in selling his house is usually concerned about how much money he can get when it sells. A competitive market analysis may help the seller determine a realistic listing price. Which of the following is true?

A) A competitive market analysis is the same as an appraisal. B) A broker, but not a salesperson, is permitted to prepare a competitive market analysis. C) A competitive market analysis is what is prepared by a certified real estate appraiser. D) A competitive market analysis contains a compilation of facts about similar properties that have recently sold.

Business

The advantages of using industry-based agencies to resolve advertising complaints rather than the governmental agencies, such as the FTC, include the following, except:

A) cases are normally heard sooner and at a lower cost B) the disputes are resolved quicker and are seldom referred to the Federal Trade Commission C) cases are heard by judges with experience in handling advertising cases D) it does not involve any civil penalties and no legal action can be taken

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