What should be the current price of a share of stock if a $5 dividend was just paid, the stock has a required return of 20 percent, and a constant dividend growth rate of 6 percent?
A) $19.23
B) $35.71
C) $25.00
D) $37.86
Ans: D) $37.86
Business
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______ is the basic wage or salary paid to employees in exchange for doing their jobs.
Fill in the blank(s) with the appropriate word(s).
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The regulation of real estate licensees is covered in the
A. Administrative Code. B. Corporation Code. C. Civil Code. D. Business and Professions Code.
Business