Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Choose the right letter
1. ABC Company decided to enter into a large venture. Thus, there is a need for additional funds. The
A. Php 150
B. Php 100
C. Php 50
D. Php 25
2. ABC Power Inc. is expected to pay cash dividends of Php 1.00 per share at the end of the year (D1 = Php 1.00). Each share sells for Php 20 and the required rate of return is 11%. The dividend is expected to grow at a constant rate forever. What is the growth rate for this stock? *
A. 5%
B. 6%
C. 7%
D. 8%
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