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O $75.20 Question 11 9 pts Which of the following statements about dividends is true? O A corporation can be sued for not paying undeclared
O $75.20 Question 11 9 pts Which of the following statements about dividends is true? O A corporation can be sued for not paying undeclared common stock dividends. O Dividends are the only source of return that investors earn on common stock investments. Common stock dividends are often paid when income is insufficient to allow preferred stock dividends to be pald. The payment of dividends by the corporation is a tax-deductible business expense. The payment of dividends is at the discretion of the board of directors. Question 12 9 pts Llano's stock is currently selling for $40.00. The expected dividend one year from now is $2 and the required return is 13%. What is this firm's dividend growth rate assuming the constant dividend growth model is appropriate? O 11% O 8% O 10% O 12% O 9% Question 13 9 pts
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