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Afton Corp. is expected to pay a dividend of $3 today but dividends are expected to grow at 5% per year going forward. The required
Afton Corp. is expected to pay a dividend of $3 today but dividends are expected to grow at 5% per year going forward. The required return is 7%. What is the price expected to be in year 2?
Group of answer choices
$182.33
$173.64
$185.55
$165.38
None of the above
CBA Corp. has annual sales of $813,200, total liabilities of $176,000, total equity of $395,000, and a profit margin of 4.55 percent. Approximately, what is the return on assets (ROA)?
Group of answer choices
11.59%
8.02%
6.48%
7.78%
None of the above.
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