Question
A) Your full-service brokerage firm charges $190 per stock trade. How much money do you receive after selling 360 shares of International Business Machines (IBM),
A)
Your full-service brokerage firm charges $190 per stock trade. How much money do you receive after selling 360 shares of International Business Machines (IBM), which trades at $90.57? Amount received=?(Round your answer to 2 decimal places.)
B)
Financial analysts forecast Limited Brands (LTD) growth rate for the future to be 8.5 percent. LTD's recent dividend was $0.40. What is the value of Limited Brands stock when the required return is 10.5 percent? Value of stock=?(Round your answer to 2 decimal places.)
C)
Annual dividends of Generic Electrical grew from $0.76 in 2012 to $1.13 in 2017. What was the annual growth rate=%?(Round your answer to 2 decimal places.)
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