According to Hofstede's research on the dimensions of culture, the United States is best described as_____
a. above average on power distance and masculinity.
b. above average on power distance and below average on masculinity
c. below average on power distance and above average on masculinity
d. below average on both power distance and masculinity
c;
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Which of the following individuals can access the cash value of her life insurance policy to provide extra retirement income?
A) Harriet, who owns a $100,000 single premium whole life policy B) Judith, who is covered by a $500,000 key-person life insurance policy C) Rosa, who owns a $50,000 25-year level term policy D) Mai, who owns a $200,000 decreasing term policy"
If the price of River Bank stock is $35, next year's dividend is expected to be $2.50, and the required return is 15%, what is the expected dividend growth rate?
A) 7.9% B) 5.2% C) 15.0% D) 12.0% E) 13.0%