In the Gordon model, the value of a common stock is the ________
A) net value of all assets which are liquidated for their exact accounting value
B) actual amount each common stockholder would expect to receive if the firm's assets are sold
C) present value of a non-growing dividend stream
D) present value of a constant growing dividend stream
D
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Kate, an agent of Gator Supplies, Inc., is responsible for performance of a specified task. However, the instructions are unclear, and Kate must act in a reasonable manner considering the circumstances. This is an example of an exception to which duty owed to the principal?
A. Duty of notification. B. Duty to account. C. Fiduciary duty. D. Duty of obedience.
When completing a persuasive message, which of the following helps determine the distribution process?
A) Design elements B) Social media C) Location of audience D) Distribution method of competitors E) Audience expectation and your purpose