A deed that has not been recorded may NOT provide
A) competent parties
B) constructive notice
C) actual notice
D) a valid document
Answer: B) constructive notice
Business
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Percentage lease arrangements are most common with small, independent retailers
Indicate whether the statement is true or false
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Gremlin Industries will pay a dividend of $1.90 per share this year. It is expected that this dividend will grow by 4% per year each year in the future. The current price of Gremlin's stock is $23.50 per share. What is Gremlin's equity cost of capital?
A) 11% B) 12% C) 14% D) 16%
Business