Nu-Tek,Inc

question 31

Multiple Choice

Nu-Tek,Inc.is expecting a period of intense growth,so it has decided to reduce its annual dividend by 10 percent a year for the next 3 years.After that,it will maintain a constant dividend of $1.90 a share.Last year,the annual dividend was $2.70 a share.What is the market value of this stock if the required rate of return is 15 percent?

• A)$13.86
• B)$13.39
• C)$14.88
• D)$14.23
• E)$14.15

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Definitions:

LMX Theory

Leadership Member Exchange Theory, which focuses on the dynamic relationships between leaders and followers, emphasizing the importance of these relationships in organizational outcomes.

Central Prescription

Central Prescription in leadership focuses on the core or fundamental actions and behaviors that leaders must adopt to be effective in their role, often based on research or theoretical models.

High-quality Relationship

A profound and positive connection between individuals characterized by trust, respect, and mutual understanding.

LMX Studies

Research concentrated on exploring the dynamics of the leader-member exchange theory, particularly how these interactions influence organizational outcomes.