Which of the following occurs when manufacturers or wholesalers attempt to force retailers to charge a certain price for their products?
A) horizontal price fixing
B) vertical price fixing
C) predatory pricing
D) internal reference pricing
E) assimilation pricing
B
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The vast majority of all job openings in the United States are
A) advertised in the newspaper. B) posted on Craigslist or Monster. C) never advertised to the general public. D) senior positions that require years of experience. E) entry level.
Central Inc. has an 11.5% required rate of return. It does not expect to initiate dividends for 20 years, at which time it will pay $3.75 per share in dividends
At that time, Central expects its dividends to grow at 6% forever. What is an estimate of Central's price in 20 years (P20) if its dividend at the end of year 20 is $3.75? What is its price in today's dollars if you desire a rate of return of 12%? What will be an ideal response?