Future Motors Is Expected to Pay an Annual Dividend Next

question 112

Multiple Choice

Future Motors is expected to pay an annual dividend next year of $3.10 a share. Dividends are expected to increase by 1.85 percent annually. What is one share of this stock worth at a required rate of return of 15 percent?

• A) $24.01
• B) $26.30
• C) $24.56
• D) $23.57
• E) $24.59

---

Definitions:

Sex

Refers to the biological differences between male and female organisms; often used to categorize individuals as male or female.

Children

Young human beings who are not yet adults, characterized by rapid physical and mental development.

Congenital Adrenal Hyperplasia

A group of genetic conditions limiting hormone production in the adrenal glands, often affecting sexual development and fertility.

Stigmatize

To brand or mark someone or something as disgraceful or unworthy, often leading to discrimination or exclusion.