Albright motors is expected to pay a year-end dividend of $3.00 a share (d1 = $3.00). the stock currently sells for $30 a share. the required (and expected) rate of return on the stock is 16 percent. if the dividend is expected to grow at a constant rate, g, what is g?

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought the stock in the target corporation. the takeover occurred and the friend made a substantial profit from buying and selling the stock. the friend told sharon about his stock dealings, and gave her a pearl necklace because she "made it all possible." the necklace was worth $10,000, but she already owned more jewelry than she desired.

According to this excerpt, a key part of our national security strategy is

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?