ABC, Inc. just paid a dividend of $2. ABC expects dividends to grow at 10%. The return on stocks like ABC, Inc. is typically around 12%. What is the most you would pay for a share of ABC stock?
A) $100
B) $110
C) $120
D) $130
Answer: B
Business
You might also like to view...
Tigger Corp. has reported the financial results for year-end 2006. Based on the information given, calculate the firm's gross profit margin and operating profit margin. Net sales = $4,156,700 Net income = $778,321 Cost of goods sold = $2,715,334 EBIT = $1,356,098
A) 34.7%; 32.6% B) 32.6%; 18.72% C) 34.7%; 18.72% D) None of the above
Business
When real property secured by a first trust deed sells for a price that is less than the loan amount owed on that note, this is called;
a. a deficit disbursement b. a short sale c. a short rate d. accrued depreciation
Business