If a taxpayer fails to file a tax return, the IRS may impose both the failure-to-file penalty and the fraud penalty

Customers are willing to pay more for ________ online than if they bought them in stores.

Fill in the blank(s) with the appropriate word(s)

ABC common stock is expected to have extraordinary growth of 20 percent per year for two years, at which time the growth rate will settle into a constant 6 percent. If the discount rate is 15 percent and the most recent dividend was $2.50, what should be the current share price?

A) $47.77 B) $37.39 C) $31.16 D) $33.23