Jackson Corp. common stock paid $2.50 in dividends last year (D0). Dividends are expected to
grow at a 12-percent annual rate forever. If Jackson's current market price is $40.00, what is the
stock's expected rate of return (nearest .01 percent)?
A) 5.50% B) 19.00% C) 11.00% D) 18.25%
B
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Companies striving for global market leadership pursue strategic alliances or collaborative partnerships with foreign companies in order to:
a. revamp the global industry value chain, raise needed financial capital from foreign banks, and wage price wars against foreign competitors. b. exercise better control over efforts to revamp the global industry value chain and combat the bargaining power of foreign suppliers. c. exercise better control over efforts to revamp the global industry value chain, insulate a company from the impact of the five competitive forces, and use the brand names of their partners to make sales to foreign buyers. d. increase the bargaining power of foreign suppliers and help defend against the competitive threat of substitute products produced by foreign rivals. e. get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.
All of the following are examples of liquid assets EXCEPT
A) real estate B) mutual funds, stocks, or bonds (depending on the timing of the sale) C) life insurance proceeds D) checking or savings accounts"