Janlea Cohad Total Net Earnings of $127,000 This Past Year and and Paid

question 55

Multiple Choice

Janlea Co.had total net earnings of $127,000 this past year and paid out 30 percent of those earnings in dividends.There are 100,000 shares of stock outstanding at a current market price of $11.62 a share.If the dividend growth rate is 5.6 percent,what is the required rate of return?

• A)14.27%
• B)6.56%
• C)8.88%
• D)24.40%
• E)15.60%

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Definitions:

Information Control

Managing access to, the distribution of, or the ability to manipulate information.

Exchange

The act of giving one thing and receiving another in return, particularly in the context of goods, services, or ideas.

Coalition Building

The process of assembling a group of diverse organizations or individuals to pursue a common goal or address a specific issue collectively.

Assertiveness

The quality of being self-assured and confident without being aggressive, a key communication skill in negotiations and leadership.