A Firm Has Been Losing Sales Due to Technological Obsolescence

question 118

Multiple Choice

A firm has been losing sales due to technological obsolescence. It projects growth for the future to be −2 percent. Its recent dividend was $2.00. What is the value of this stock when the required return is 9 percent?

• A) $28.00
• B) $29.14
• C) $17.82
• D) $15.52

---

Definitions:

Résumé by E-Mail

The practice of sending a summary of one's professional experience and qualifications to potential employers electronically via email.

Paralegal Specialties

Specific areas of law where paralegals may focus their work, including litigation, real estate, corporate law, and intellectual property, among others.

Job-Hunting File System

A systematic approach or tool used by individuals to organize and keep track of their job search activities, including applications sent, interviews scheduled, and follow-up actions.

Reduce Stress Problems

The act or process of lowering the levels of stress and its associated issues through various techniques or interventions.