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Author Question: Data for a share of common stock of ABC Company appear below: Dividend: 2005 actual 1.000 2006 ... (Read 49 times)

nramada

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on: Jul 10, 2018
Data for a share of common stock of ABC Company appear below:
 
  Dividend: 2005 actual  1.000
   2006 actual 1.100
   2007 actual 1.210
   2008 expected 1.331
  Current market price per share: 20.000
 
  Assuming the dividend pattern above will continue in the future and also assuming that it is the first of January, 2008, the estimated current return for the stock is
  A)
 
  6.67.
  B)
 
  10.00.
  C)
 
  5.05.
  D)
 
  16.67.

Question 2

In preparing a cash budget, the ________ seasonal and uncertain a firm's cash flows, the ________ the number of budgeting intervals it should use.
 
  A) more; greater
  B) more; fewer
  C) less; greater
  D) less; fewer


mcarey591

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

A


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