Whistle Stop Trains Pays a Constant $16 Dividend on Its

question 46

Multiple Choice

Whistle Stop Trains pays a constant $16 dividend on its stock.The company will maintain this dividend for the next 14 years and will then cease paying dividends forever.What is the current price per share if the required return on this stock is 15 percent?

• A)$77.78
• B)$82.48
• C)$91.59
• D)$106.67
• E)$112.00

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Definitions:

Behavioral Interventions

Strategies and techniques designed to modify behaviors, often used to improve health, social interactions, or psychological well-being.

Skills

The ability to carry out a task with pre-determined results often within a given amount of time, energy, or both.

Maintenance

The ongoing process of preserving or sustaining a desired level of efficiency or condition in a system, machine, or one's health.

Cardiovascular Health

Refers to the health of the heart and blood vessels, which can be maintained or improved through lifestyle choices such as diet, exercise, and avoiding tobacco.