High Tech Chip Company Paid a Dividend Last Year of $2.50.The

question 59

Multiple Choice

High Tech Chip Company paid a dividend last year of $2.50.The expected ROE for next year is 12.5%.An appropriate required return on the stock is 11%.If the firm has a plowback ratio of 60%,the dividend in the coming year should be

• A)$1.00
• B)$2.50
• C)$2.69
• D)$2.81
• E)none of the above

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Definitions:

Intramuscular (IM)

Referring to the administration of medication directly into the muscle tissue.

Subcutaneously (SC)

Referring to the administration of medication or fluids into the tissue layer between the skin and the muscle.

Physical Restraint

The use of mechanical means or manual methods to limit a person's freedom of movement, typically to ensure safety.

Bed Exit Alarms

Devices used to alert caregivers when a patient attempts to leave their bed, often employed in hospitals and eldercare facilities.