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begin{tabular}{|l|c|l|l|} hline & multicolumn{1}{|c|}{D} & None of the above hline multirow{3}{*}{} & 11 & If the cash dividends of Stock in Michaels Enterprises are
\begin{tabular}{|l|c|l|l|} \hline & \multicolumn{1}{|c|}{D} & None of the above \\ \hline \multirow{3}{*}{} & 11 & If the cash dividends of Stock in Michaels Enterprises are $500 per year indefinitely and the discount rate is 10%, the estimation value of the stock is 5,000 \\ \cline { 3 } & A & True \\ \cline { 2 - 3 } & B & False \\ \hline \end{tabular}
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