Owen Inc. has a current stock price of $15.00 and is expected to pay a $0.80 dividend in one year. If Owen's equity cost of capital is 12%, what price would its stock be expected to sell for immediately after it pays the dividend?

Jason is proofreading the final copy of his report for the third time. At this point he should be checking for spelling, punctuation, grammar, and other mechanical errors.

a. true b. false

You would like to develop an Internet-based training program in order to cut down the time spent in traditional classroom training every year. You realize it is expensive to develop, so it needs to be effective. Which is the correct statement regarding the effectiveness of sales Internet training?

a. On-line courses offer a great way to deliver content in a distraction-free environment. b. E-learning web sites are useful for teaching advanced sales skills. c. Virtually all sales training can be successfully conducted on the Internet. d. On-line delivery of product information is a very effective way to deliver timely content to a geographically diverse sales force. e. All of the above are correct statements.