A firm's stock price is $25 per share and is expected to grow at a 5% compound annual rate. What should the stock price per share be in five years?

A researcher wants to know the average number of times per month respondents eat at fast food restaurants. The statistic that s/he is most interested in would be the_________.

a. variance b. mean c. standard deviation d. proportion

Smith sold a home to Jones on a land contract and recorded the contract. Jones made a $25 down payment and after the sale, made a few of the required monthly payments. One night Jones moved out and abandoned the house. Which of the following is true?

A: A buyer who later bought the property for cash would have no concern about Jones; B: A deficiency judgment could be obtained by Jones; C: There is a cloud on the title; D: The title is very marketable.