Astock is expected to pay a year-end dividend of $2.00, i. e., d1 = $2.00. the dividend is expected to decline at a rate of 5% a year forever (g = −5%). if the company is in equilibrium and its expected and required rate of return is 15%, which of the following statements is correct? a. the company's dividend yield 5 years from now is expected to be 10%.b. the constant growth model cannot be used because the growth rate is negative. c. the company's expected capital gains yield is 5%.d. the company's expected stock price at the beginning of next year is $9.50.e. the company's current stock price is $20.

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying