Because of the Treaty of Tordesillas, Portugal

question 49

Multiple Choice

Because of the Treaty of Tordesillas, Portugal

• A)was excluded from any rights in the Americas.
• B)was allowed to explore North America.
• C)was forced to give half of its colonial revenues to the Spanish crown.
• D)unwittingly gained rights to Brazil.
• E)refused to accept the authority of the papacy on economic issues.

Understand the basic principles of the dividend growth model and how it is used to calculate stock prices.

Recognize the relationship between dividend yield, capital gains yield, and total rate of return on stocks.

Comprehend the effect of changes in dividends, growth rates, and required returns on stock values.

Identify the tax implications of dividends for individuals and corporations.

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Definitions:

Inelastic

Refers to a situation where the demand or supply for a good or service is not significantly altered by changes in price.

Concerts

Public performances of music by artists in front of an audience.

Relative Change

A metric that measures how much a particular quantity has changed over time relative to the initial amount.

Inelastic

A characteristic of a good or service whose demand or supply is relatively unresponsive to changes in price.