In a bankruptcy unsecured creditors are owed a total of $600,000. Unsecured creditor A is owed $300,000, unsecured creditor B is owed $200,000 and unsecured creditor C is owed $100,000. There is only $100,000 available to the unsecured creditors
As a result creditor A will get
A) $100,000
B) $75,000
C) $50,000
D) $33,333
E) whatever amount the trustee decides is fair
C
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What is the required return from Truman Planned Community stock if its beta is 1.1, the return on the market portfolio is 12%, the risk free rate is 3%, next year's dividend will be $1.25 per share and dividends are expected to grow 5% per year?
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