Use the Following Information to Answer the Question(s)below

question 68

Multiple Choice

Use the following information to answer the question(s) below.
Nielson Motors has a share price of $50.00.Its dividend was $2.50,and you expect Nielson Motors to raise its dividend by approximately 6% per year in perpetuity.
-If Nielson's equity cost of capital is 13%,then Nielson's expected share price is closest to:

• A)$19.23.
• B)$37.86.
• C)$35.71.
• D)$50.00.

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Definitions:

Recruitment Process

The series of activities and steps an organization uses to attract, select, and hire new employees, typically starting from job analysis and ending with the hiring of a candidate.

Initial Screening

The preliminary phase of evaluation or assessment to determine the basic suitability of something or someone for further consideration.

Job Description

A formal account of an employee's responsibilities, duties, and the scope of a specific job role.

Duties and Responsibilities

The tasks and obligations that an individual is expected to perform as part of a job or role.