Arcs and triangles paid an annual dividend of $1.47 a share last month. the company is planning on paying $1.55, $1.63, and $1.65 a share over the next three years, respectively. after that, the dividend will be constant at $1.70 per share per year. what is the market price of this stock if the market rate of return is 11 percent?
a) $13.98
b) $14.07
c) $15.23
d) $17.16
e) $13.10

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.