After 2000, rapid economic growth continued for the high-growth Asian economies

New growth theory asserts that ________ will lead us to greater productivity and economic growth

A) nothing B) new machinery C) leisure time D) unlimited wants E) government regulation

Suppose you plan to hold a stock for one year. You expect that, in one year, it will sell for $30 and pay a dividend of $3 per share. If your required return on equity is 10%, what is the most you should be willing to pay for the share today?

A) $3.30 B) $23 C) $30 D) $33