The demand for an asset rises if ________ falls
A) risk relative to other assets
B) expected return relative to other assets
C) liquidity relative to other assets
D) wealth
A
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Identify a key advantage of a business process management system (BPMS) as compared to an event-based system
A) Ease of use. B) Increase processing speed. C) Cost saving. D) Built in audit trail.
Asim and Patricia Ghosh have purchased 4,000 shares in LAXAIR, which sells for $42 per share and pays a yearly dividend of $2.25. The firm has not grown for many years and, consequently has paid the same dividend for the past decade. This year, LAXAIR
cut its dividend to $0.50 per share, but used the retained earnings to begin growing at a 7% rate. Ignoring transaction costs and taxes, how many shares will Asim and Patricia have to sell in order to maintain their income level?