If two firms have the same current dividend and the same expected growth rate, their stocks must sell at the same current price or else the market will not be in equilibrium

a. True
b. False
Indicate whether the statement is true or false

False

Business

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_____________ focuses on positions and duties, rather than on an individual's contribution

A. Contingent pay B. Base pay C. Cost-of-living adjustments D. Short-term incentives

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