You Own 2,200 Shares of Deltona Hardware

question 59

Multiple Choice

You own 2,200 shares of Deltona Hardware.The company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year.Your required rate of return on this security is 16 percent.Ignoring taxes,what is the value of one share of this stock to you today?

• A)$2.30
• B)$2.43
• C)$2.52
• D)$2.92
• E)$3.32

Recognize the structures and significance of nucleotides and nucleosides in biological systems.

Differentiate between various types of polysaccharides based on their linkage and the resulting biological function.

Understand the basic structure and sequence of DNA.

Distinguish between ribonucleosides and deoxyribonucleosides based on structural differences.

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Definitions:

Elastic Demand

A demand relationship in which the percentage change in quantity demanded is larger than the percentage change in price in absolute value (a demand elasticity with an absolute value greater than 1).

Long Run

The period in which all factors of production and costs can be fully adjusted, allowing for all inputs and operations to change.

Substitutes

Goods that can serve as replacements for one another; when the price of one increases, demand for the other increases.

Elastic Demand

A situation in which the demand for a good or service is sensitive to price changes, meaning a small change in price leads to a significant change in the quantity demanded.