7 8 9 10 11

Free Motion Enterprises just paid a $2.20 per share annual dividend. Dividends are expected to increase by 3.75 Percent annually. What is one share of this stock worth to you today if your required rate of 15 percent? a. $19.06 b. $19.30 c. $19.56 d. $20.29 The Black & Gold Co. is expected to pay a $2.50 annual dividend next year. The mater rate of return on this security is 12 percent and the market price is $31.40 a share. What is the expected dividend growth rate of Black & Gold? a.3.74 percent b. 3.89 percent c. 4.04 percent d. 4.12 percent The Hen's Nest just paid as annual dividend of $2.20 a share. The dividend will increase by 3 percent for the next two years and then increase by 1.5 percent annually thereafter. What is the present value of this stock at a discount rate of 12 percent? a. $18.47 b. $21.87 c.$22.74 d. $25.80 Which of the following statements concerning common stock is (are) correct? I. Common stockholders generally have voting power m a