A typical capital gain is experienced by
A) selling stock or a mutual fund.
B) only rich people.
C) only investment bankers.
D) all shareholders in the United States.
A
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A financial account surplus implies that a countries assets are falling or its liabilities are rising
a. true b. false
A. If a stock is expected to pay an annual dividend of $20 forever, what is the approximate present value of the stock, given that the discount rate is 5%?
b. If a stock is expected to pay an annual dividend of $20 forever, what is the approximate present value of the stock, given that the discount rate is 8%? c. If a stock is expected to pay an annual dividend of $20 this year, what is the approximate present value of the stock, given that the discount rate is 8% and dividends are expected to grow at a rate of 2% per year?