Mortgage Instruments Inc

question 1

Multiple Choice

Mortgage Instruments Inc. is expected to pay dividends of $1.03 next year. The company just paid dividends of $1. This growth rate is expected to continue. How much should be paid for Mortgage Instruments stock just after the dividend if the appropriate discount rate is 5%?

• A) $20.
• B) $21.
• C) $34.
• D) $52.

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Definitions:

Electro-Magnets

Electro-magnets are devices that create a magnetic field through the flow of electric current, typically consisting of a wire coil wrapped around a magnetic core, and are used in various applications including motors and relays.

Magnetic Field

An area surrounding a magnetic substance or an electric charge in motion where magnetic forces are experienced.

Three-Phase Motors

Electric motors designed to operate on a three-phase alternating current supply, offering high efficiency and a smooth power delivery for industrial applications.

Degrees Out

A phrase indicating that something is misaligned or out of its proper orientation by a certain angle.