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Author Question: The objectives of a zero balance account system for the firm include A) increase cash balances in ... (Read 80 times)

jon_i

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on: Jul 10, 2018
The objectives of a zero balance account system for the firm include
 
  A) increase cash balances in regional rather than national banks.
  B) reduce disbursing float.
  C) achieve better control over its cash payments.
  D) All of the above are correct.

Question 2

Coors just paid out a dividend of 1.00 on its common stock, which is currently trading at 37.27.
 
  If dividends are paid annually and are expected to grow in value by 1 per annum forever, then what return will a shareholder earn if the stock is purchased today?
  A) 2.68
  B) 2.71
  C) 3.71
  D) 5.03
  E) 101.00


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blfontai

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

C

Answer to Question 2

C


jon_i

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Reply 2 on: Jul 10, 2018
:D TYSM

ryansturges

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Reply 3 on: Yesterday
Wow, this really help

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