The Rufus Corporation Has 125 Million Shares Outstanding and Analysts

question 39

Multiple Choice

The Rufus Corporation has 125 million shares outstanding and analysts expect Rufus to have earnings of $500 million this year.Rufus plans to pay out 40% of its earnings in dividends and they expect to use another 20% of their earnings to repurchase shares.If Rufus' equity cost of capital is 15% and Rufus' earnings are expected to grow at a rate of 3% per year,then the value of a share of Rufus stock is closest to:

• A)$13.35.
• B)$33.50.
• C)$20.00.
• D)$16.00.

Use Power Pivot and the data model to enhance data analysis.

Know how to create and manage relationships between tables in Excel.

Understand the range and impact of budget allocations on compensation within Canadian firms.

Comprehend the hierarchy of needs as proposed by Maslow and its relevance to workplace motivation.

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Definitions:

Propinquity

The physical or psychological proximity between people, which increases the likelihood of interaction and relationship formation.

Companionate Love

A form of love characterized by deep affection, commitment, and emotional intimacy, contrasted with passionate or romantic love.

Social Discrimination

The unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Central Route

A method of persuasion that involves deeply processing the content of a message, focusing on logic and arguments.