Rents from demand-side subsidization were earned by power producers and the producers of power generation inputs, such as solar panels

Horseshoe Stables is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $.86 a share but all future dividends will be decreased by 3.5 percent annually. What is a share of this stock worth today at a required return of 17.8 percent?

A. $3.06 B. $3.90 C. $3.41 D. $3.59 E. $3.95

The functions performed by sales managers include planning, recruiting, training, budgeting, developing compensation plans, and assessing sales force productivity

Indicate whether the statement is true or false