Castle, Inc paid a dividend yesterday of $2 per share. Castle management expects the dividend to
increase next year to $3 annually.
If the dividend is expected to stay at $3 per year for the
foreseeable future, what is the value of the stock to an investor with a required rate of return of
10%?
A) $32.00 B) $50.00 C) $7.50 D) $30.00
D
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All but one of the following are appropriate characteristics of systems. Which is not an appropriate characteristic?
A. Systematic B. Complex C. Functional D. Adaptable
Hanson Manufacturing, an MNE, has operations in India, Taiwan, China, and Argentina
Since Hanson focuses on the specific domestic market in each location, the firm allows its subsidiaries to customize products and develop marketing campaigns that will appeal to local customers. Hanson most likely uses a ________ strategy. A) multidomestic B) home replication C) transnational D) global