Your Friend Has Recommended That You Purchase Stock in Company

question 88

Multiple Choice

Your friend has recommended that you purchase stock in company XYZ.It is expected to pay a $4 dividend,and has historically grown at 5%.If the required rate of return is 12%,what is the estimated value of a share of XYZ stock?

• A)$23.53
• B)$33.34
• C)$57.14
• D)$80.00

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Definitions:

Overcoming Objections

The process of addressing and alleviating concerns or hesitations that customers have about a product or service.

Technical Specialist

An individual with a deep understanding and expertise in a specific technological area, responsible for solving complex problems within that domain.

Sales Engineer

A professional who combines technical knowledge with sales skills to provide advice and support on a range of products.

Social Selling

A method that utilizes social media networks to identify, engage, and sell products directly to consumers.