If ending inventory for a year is overstated, then gross profit for that year will be overstated

A firm has an expected dividend next year of $1.20 per share, a zero growth rate of dividends, and a required return of 10 percent. The value of a share of the firm's common stock is:

A) $120 B) $10 C) $12 D) $100

Wheat, soybeans, oil, and gold are commodities

Indicate whether the statement is true or false