Answer: C it forces the writer to be specific early in the process
Explanation:
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Answer:
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Explanation:
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<span>Individual shareholders will have the right to
receive dividends declared. They can sell their shares and have the right to
purchase issued shares. They can vote on the directors nominated by the board.
They also have the right to the remaining assets after liquidation. </span>
Answer:
31.12
Explanation:
Given that,
Growing at a constant rate = 6.5%
Firm’s last dividend, R = 3.36
Required rate of return = 18%
Expected dividend next year = 3.36 × (1 + 6.5%)
= 3.5784
Market value of stock:
= Expected dividend next year ÷ ( required return - growth rate)
= 3.5784 ÷ (0.18-0.065)
= 31.11652
= 31.12
Answer:
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