Kellner Motor Co's stock has a required rate of return of 11.50%, and it sells for $25.00 per share. Kellner's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D0?

Marketers are most effective when they appeal to ________ rather than when they ________

A) short-term needs; focus on long-term needs B) teenagers; target older people C) existing wants; attempt to create new ones D) emotions; appeal to actual needs E) the mass market; appeal to market segments

Harold decides to drop alcoholic drinks from the restaurant chain menu in Saudi Arabia. Which of the following might have led to his decision?

A) Alcoholic drinks are not allowed in Saudi Arabia. B) Saudi consumers prefer local alcoholic drinks. C) Imported alcoholic drinks are more expensive than local drinks. D) Saudi consumers prefer European alcoholic drinks .