Estes and His Colleagues Speculate That the Decline in Otters

question 21

Multiple Choice

Estes and his colleagues speculate that the decline in otters during the 1990s was due to a(n)

• A) sudden increase in the numbers of urchins.
• B) switch in the predation patterns of killer whales (orcas) to include more otters.
• C) decrease in kelp forests due to global warming.
• D) infection by hantavirus.

Understand the concepts and calculations related to dividend growth models.

Calculate the present value of future dividends to determine stock prices.

Utilize the concept of required rate of return in stock valuation.

Understand and apply the constant growth dividend model.

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Definitions:

Dunbar's Number

A theoretical cognitive limit to the number of people with whom one can maintain stable social relationships, proposed to be around 150.

API

Application Programming Interface, a set of rules, routines, and protocols that allows software applications to communicate with each other.

Fan Base

A group of loyal supporters or admirers, often of a particular celebrity, artist, sports team, or brand.

Leaderboard

A feature in gaming and other competitive environments displaying the names and scores of the top performers to encourage competition.