The political economy of a country refers to:
A. the formal and informal legal structures of a country.
B. target markets with high incomes.
C. PPP or GNI
Ans: A. the formal and informal legal structures of a country.
Business
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Early in 2015, Mathew is analyzing shares of Janeff Corp. He expects the following dividends per share (end of year). 2015 $1.00 2016 $1.25 2017 $1.50
He expects 2017 earnings per share to be $4.50 and Janeff's P/E ratio to be 20. His required rate of return for this stock is 12%. He should pay no more than A) $43.75 per share. B) $67.02 per share. C) $68.75 per share. D) $93.75 per share.
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