What is the maximum price Erica should pay for Rangoon Corp. common stock if her required return is 5% and she expects to sell the stock in one year for $50 per share,
immediately after she receives a $.50 per share dividend? (Round to the nearest tenth.)
A) $50.00
B) $48.10
C) $48.00
D) $45.00
E) $40.73
B
Business
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An LLC must maintain which of the following contacts with the state where it was formed? An agent for service of process An attorney for representation in lawsuits An office
A. I only. B. I and III only. C. II and III only. D. I, II, and III.
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How much would $1, growing at 3.5% per year, be worth after 75 years?
a. $12.54 b. $13.20 c. $13.86 d. $14.55 e. $15.28
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