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Author Question: Harry Corporation's common stock currently sells for 180 per share. Harry just paid a dividend of ... (Read 167 times)

Wadzanai

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on: Jul 10, 2018
Harry Corporation's common stock currently sells for 180 per share. Harry just paid a dividend of 10.18 and dividends are expected to grow at a constant rate of 6 percent forever.
 
  If the required rate of return is 12 percent, what will Harry Corporation's stock sell for one year from now?
  A) 190.64
  B) 187.04
  C) 195.40
  D) 179.84

Question 2

Notes to the financial statements help explain many of the details necessary to gain a more complete picture of the firm's ________.
 
  A) capital budget
  B) choice of management
  C) dividend policy
  D) performance


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cdmart10

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

A

Answer to Question 2

Answer: D


Wadzanai

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Reply #2 on: Jul 10, 2018
TY


cdmart10

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Reply #3 on: Jul 10, 2018
Happy to Help


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