Halo Corp is all equity financed and generates perpetual annual EBIT of $600. Assume that the EBIT, and all other cash flows, occur at year end and that we are currently at the beginning of a year. Assume that Halo has a 100% payout rate
Halo has 1,000 shares outstanding. The stock holders of Halo require a return of 6%. Assume that the tax rate is 0%. What is the price per share for Halo stock?
A) $15.00
B) $0.60
C) $30.00
D) $10.00
E) $4.20
D
Business
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There are three types of product-team structures. These are ________
A) vertical, triangular, and horizontal product teams B) vertical, horizontal, and circular product teams C) horizontal, vertical, and rectangular product teams D) horizontal, vertical, and flattened product teams E) vertical, rectangular, and circular product teams
Business
An exchange rate is the number of units that buys one unit of another currency
Indicate whether the statement is true or false
Business