Triple X Company recently paid a $3 annual dividend. The company is projecting that its dividends will grow by 20 percent next 2 years, 10 percent annually for the following year after that, and then at 5 percent annually thereafter. Based on this information, how much should Triple X's common stock sell for today if her required return is 12%?

ETFs allow investors to do which of the following

		A) Go short a specific market sector
		B) Employ leverage to a specific market sector
		C) Protect their portfolio against inflation
		D) Profit when interest rates rise
		E) All of the above

1. Investors like ETFs becuase they offer

   		A) Transparency
   		B) Low expense ratios
   		C) Diversity of holdings
   		D) Ease of trade
   		E) All of the above
   		F) None of the above