Use the Information for the Question(s)below

question 1

Multiple Choice

Use the information for the question(s) below.
The JRN Corporation will pay a constant dividend of $3 per share,per year,in perpetuity.Assume that all investors pay a 20% tax on dividends and that there is no capital gains tax.The cost of capital for investing in JRN stock is 12%.
-The price of a share of JRN's stock is closest to:

• A)$20.00.
• B)$24.00.
• C)$25.00.
• D)$18.00.

---

Definitions:

Functional Résumé

Format that emphasizes skills and capabilities while identifying employers and academic experience in subordinate sections; many recruiters view this format with suspicion.

Skills And Capabilities

The abilities and competencies that enable an individual to perform tasks or jobs effectively.

Career Gaps

Periods of unemployment in an individual's work history, often explained by personal choice, study, or other reasons.

Résumé Purpose

The objective of a résumé, which is to provide a summary of one's qualifications and experiences for potential employers.