What is the required return for a stock that has a 6% constant growth rate, a price of $25, an expected dividend of $2, and a P/E ratio of 10?

Corporation is liable for torts committed by its agents w/in the ____________________. Corporation may be held liable for criminal acts created by its agents if punishment is one that can be applied to a corporation.

Fill in the blank(s) with the appropriate word(s).

Choua applied for a $100,000 whole life policy but did not pay the initial premium at the time of application. When the agent later delivers the policy, the agent must collect the premium and obtain which of the following statements from Choua?

A) A statement of insurability B) A statement of good health C) A statement of no material change in risks D) A statement of continued representations and warranties