12) Which one of following is the rate at which a stock's price is expected to appreciate? A) Current yield B) Total returm C) Dividend yield D) Capital gains yield E) Coupon rate 13) A decrease in which of the following will increase the current value of a stock according to the dividend growth model? A) Dividend amount B) Number of future dividends, provided the total number of dividends is less than infinite C) Dividend growth rate D) Discount rate E) Both the discount rate and the dividend growth rate 14) The dividend growth model: A) Assumes dividends increase at a decreasing rate. B) Only values stocks at Time 0 C) Cannot be used to value constant dividend stocks D) Can be used to value both dividend-paying and non-dividend-paying stocks. E) Requires the growth rate to be less than the required return. 15) Which one of the following statements related to corporate dividends is correct? A) Dividends are nontaxable income to shareholders. B) Dividends reduce the taxable income of the corporation. C) The chief executive officer of a corporation is responsible for declaring dividends. D) The chief financial officer of a corporation determines the amount of dividend to be paid. E) Corporate shareholders may receive a tax break on a portion of their dividend income. 16) Which one of the following types of stock is defined by the fact that it receives no preferential treatment in respect to either dividends or bankruptcy proceedings? A) Dual class B) Cumulative C) Non-cumulative D) Preferred E) Common 17) You want to be on the board of directors of Uptown Communications. Since you are the