Stocks that are highly sensitive to changing economic conditions ...

[iveyjurea]

Stocks that are highly sensitive to changing economic conditions are known as
 
  A)
 
  cyclical stocks.
  B)
 
  growth stocks.
  C)
 
  blue chip stocks.
  D)
 
  income stocks.

Question 2

A firm has to pay a dividend of 1.20 per share till perpetuity, a zero growth rate of dividends, and a required return of 10 percent. The value of the firm's preferred stock is ________.
 
  A) 120
  B) 10
  C) 12
  D) 100

[ansleighelindsey]

Answer to Question 1

A

Answer to Question 2

C

[iveyjurea]

Great answer, keep it coming

[cassie_ragen]

Thanks for the timely response, appreciate it