Author Question: Stocks that are highly sensitive to changing economic conditions are known as A) cyclical ... (Read 82 times)

iveyjurea · **on:** Jul 10, 2018

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