Ernst Electrical Increases Its Annual Dividend by 2

question 4

Multiple Choice

Ernst Electrical increases its annual dividend by 2.2 percent annually.The stock commands a market rate of return of 15 percent and sells for $26.60 a share.What is the expected amount of the next dividend?

• A)$3.33
• B)$3.47
• C)$3.18
• D)$3.21
• E)$3.40

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Definitions:

Antibodies

Proteins produced by the immune system that recognize and bind to specific antigens to help protect the body from infection.

Antibody Blood Levels

The concentration of antibodies in the bloodstream, indicative of the body's immune response either to infections or to vaccines.

Antigen

A substance that when introduced into the body stimulates the production of an antibody, can be toxins, bacteria, foreign blood cells, and the cells of transplanted organs.

Primary Response

Immune response that occurs as a result of the first exposure to an antigen.