The time to foreclose a deed of trust is:

a. 1 year
b. 6 months
c. nearly four months
d. 2 years

Answer: c. nearly four months

Business

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The XYZ Company, whose common stock is currently selling for $40 per share, is expected to pay a $2.00 dividend in the coming year. If investors believe that the expected rate of return on XYZ is 14%, what growth rate in dividends must be expected?

A) 5% B) 14% C) 9% D) 6%

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The method of reporting gross profit for long term contracts that does a better job of providing relevant information on the income statement is the ________

A) completed-contract-method B) installment sales method C) cost recovery method D) percentage-of-completion method

Business