If earnings and dividends next year are expected to be $1.50 and $0.60 per share, respectively and the P/E multiple is 15 times, the most you will be willing to pay for this stock is

A. $9.00 B. $15.00 C. $22.50 D. $30.00

___________________ is identified as the rate of return expected to be realized from an investment. Also known as the weighted average of the probability distribution of possible results.

		Expected Rate of Return
		Essential Rate of Return
		Probability and Outcome
		None of the Above are correct

If the required return matches that of the coupon rate, a bond will sell at

		A. par value
		B. a discount
		C. a premium
		D. liquidating value