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12. What is the required return for a stock that has a constant-growth rate of 3.3%, a price of $25, an expected dividend of $2.10?

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12. What is the required return for a stock that has a constant-growth rate of 3.3%, a price of $25, an expected dividend of $2.10? A. 12.40% B. 10.92% C. 11.70% D. 11.26% 13. What is the minimum amount shareholders should expect to reeive in the event of a complete corporate liquidation? A. B. C. D. Market value of equity Book value of equity Zero Shareholders may be required to pay to be liquidated. Page 3 of 8

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