Zeb Corporation Just Paid a Dividend of 3

question 50

Multiple Choice

Zeb Corporation just paid a dividend of 3.11 and has an expected growth rate of 12% for the foreseeable future,if the discount rate is 18% what is the appropriate stock price today?

• A) $58.05
• B) $51.83
• C) $57.87
• D) $55.06

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Definitions:

Journal

A periodical publication intended to further the progress of science, usually by reporting new research.

Sad

An emotional state characterised by feelings of disappointment, loss, or helplessness.

Obsessive-Compulsive Disorder

A mental health disorder characterized by persistent, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) that one feels driven to perform.

Psychotherapy

A therapeutic treatment method used by trained professionals to help individuals understand and resolve their problems by talking through them.