Consolidated Edison Has Just Paid an Annual Dividend of $3

question 5

Multiple Choice

Consolidated Edison has just paid an annual dividend of $3 per share. If the expected growth rate for Con Ed is 10%, and your required rate of return is 16%, how much are you willing to pay for this stock?

• A) $55
• B) $50
• C) $46.50
• D) $45

---

Definitions:

Liabilities

Financial obligations or debts that an individual or organization is legally responsible for.

Positive Discipline

A method of teaching and reinforcing desirable behaviors in employees while minimizing negative or punitive measures.

Performance Problem

Occurs when an employee's work does not meet established standards or expectations due to various factors like lack of skills or motivation.

Authority

The power or right to give orders, make decisions, and enforce obedience.