A stock paying $4.80 in annual dividends sells now for $79.60 and has an expected return of 15%. What might investors expect to pay for the stock 1 year from now?

Companies' retraining and productivity-improvement efforts are likely to fail when it _____.

Fill in the blank(s) with the appropriate word(s).

The loss incurred by a firm for each unsold unit at the end of the selling season is

A) the cost of overstocking the product. B) the cost of stocking the product. C) the cost of understocking the product. D) the cost of overselling the product.