. A stock is expected to pay the following dividends per share over the next four years, respectively:$0.00, $2.30, 2.60, and $2.90.If you expect to be able to sell the stock for $95.83 in four years and your required rate of return is 6%, what is the most that you should be willing to pay for a share of this stock today?

• A.$103.63
• B.$7.80
• C.$82.43
• D.$109.38

Temple Lunch Trucks, Inc. just paid a dividend of $2.00.Dividends are expected to grow at a rate of 3% per year from here on out.If the risk-free rate is 2%, the MRP is 8%, and Temple Lunch Trucks stock is only 40% as risky as the market, what is the most that you should be willing to pay for a share of this stock today?

• A.$147.14
• B.$142.86
• C.$90.91
• D.$93.64

Jones Company preferred stock is expected to pay a dividend of $1.75 per share.If your required rate of return is 7%, what is the most that you should be willing to pay for a share of Jones preferred stock today?

• A.$25.00
• B.$17.50
• C.$1.87
• D.$26.88

Apple, Inc. just paid a dividend of $2.75 a share.Dividends are expected to grow at a rate of 8% per year for the next four years and then at a rate of 3% thereafter.If your required rate of return is 6%, what is the most that you should be willing to pay for a share of Apple stock today?

• A.$107.16
• B.$113.24
• C.$130.85
• D.$134.31

In the statement, "Unlike investors in bonds, investors in stocks do not have the opportunity to realize capital gains.", changing "capital gains" to "regularly recurring income" would result in the statement being True.

• A.True
• B.False

In the statement, "Bonds have no finite maturities but stocks do.", switching "Bonds" and "stocks" would result in the statement being True.

• A.True
• B.False

In the statement, "Just like bonds, stocks are worth their par value at maturity.", switching "bonds" and "stocks" would result in the statement being True.

• A.True
• B.False

In the statement, "When a corporation liquidates it assets, stockholders get paid before bondholders.", changing "before" to "after" would result in the statement being True.

• A.True
• B.False

In the statement, "The limited liability feature of equities means that investors cannot lose money on stocks.", changing "limited" to "unlimited" would result in the statement being True.

• A.True
• B.False