JL Co Stock Currently Sells for $64 Per Share and the the Required

question 36

Multiple Choice

JL Co. stock currently sells for $64 per share and the required return is 12 percent. The total return is evenly divided between the capital gains yield and the dividend yield. What is the current dividend per share if it's the company's policy to always maintain a constant growth rate in its dividends?

• A) $4.09
• B) $3.62
• C) $4.02
• D) $3.56
• E) $3.84

Recognize the importance of maintaining a positive relationship with the recipient despite delivering bad news.

Know the guidelines for making a clear statement of bad news when organizing a negative message using the indirect method.

Understand how to effectively close a negative message to build goodwill.

Discern when and how to offer alternative solutions or future possibilities when refusing requests or claims.

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Definitions:

Receive

Pertains to the act of taking something that is given, presented, or sent.

Freudian Psychoanalysis

A therapeutic method and theory of psychology developed by Sigmund Freud emphasizing unconscious motivations and conflicts as determinants of behavior.