ABC stock expects to earn $3.00 a share next year and pay a cash dividend of $2.00 a share. If the stock is selling for $20.00 a share, its current return is

A)

15%.
B)

10%.
C)

25%.
D)

5%.

B

Business

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Indicate whether the statement is true or false

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Which of the following is true of discharge of performance by agreement?

A) A partially executed contract cannot be rescinded. B) Mutual rescission requires parties to enter into a second agreement that expressly terminates the first one. C) A party is allowed to rescind a contract without the consent of the other party. D) Unilateral rescission is not regarded as breach of contract.

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