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3. Stock are best described as a(n) _____ security that includes a _____ payment. Debt; promised Debt; residual Equity; promised Equity; residual 5. MasksAreUs Inc.
3. Stock are best described as a(n) _____ security that includes a _____ payment.
Debt; promised | ||
Debt; residual | ||
Equity; promised | ||
Equity; residual |
5. MasksAreUs Inc. just paid a dividend of $8 per share. Future dividends are expected to grow at a constant rate of 5% per year. What is the value of the stock if the required return is 8%?
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