Demographic characteristics and the culture of a population are the basis for ________ forces.

What is the expected, constant growth rate of dividends for a stock with a current price of $100, expected dividend payment of $10 per share, and a required return of 16 percent?

A) 6.25 percent B) 6.00 percent C) 8.00 percent D) 10.00 percent

Which statement is true with regard to yearly renewable term insurance?

(a) Premiums remain level from year to year (b) Premiums increase at an increase rate from year to year (c) The insured must demonstrate insurability to renew the coverage (d) Yearly renewable term premiums are unrelated to the probability of death