The ________ model determines at what point in time cash outflow is recovered by the corresponding future cash inflow

Garden Field Farms and Haute Gourmet Restaurant, Inc, enter into a con¬tract for a sale of lettuce. AfterGarden Field ships the lettuce but before Haute Gourmet receives it, the buyer declares bankruptcy. Garden Field can stop delivery of the goods in transit

a. only if the quantity is deficient. b. only if the quantity exceeds the contract amount. c. only if the quantity is at least a truckload. d. regardless of the quantity.

Kellner Motor Co's stock has a required rate of return of 11.50%, and it sells for $25.00 per share. Kellner's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D0?

a. $0.95 b. $1.05 c. $1.16 d. $1.27 e. $1.40