Preliminary screening attempts to eliminate unqualified candidates quickly

An example of procedure in the data validation process is when:

a. the interviewer contacts the respondent simply to get a name and address and then proceeds to falsify the interview. b. the raw data is checked for mistakes made by either the interviewer or respondent. c. a sample of respondents is recontacted and asked to verify whether they answered various questions from different parts of the interview form. d. a sample of respondents is recontacted to ensure the interview took place at the proper setting. e. a sample of respondents is recontacted to ensure that they are qualified to participate in the exercise.

You are considering the purchase of AMDEX Company stock. You anticipate that the company will pay dividends of $2.00 per share next year and $2.25 per share the following year

You believe that you can sell the stock for $17.50 per share two years from now. If your required rate of return is 12%, what is the maximum price that you would pay for a share of AMDEX Company stock?