You read in the paper that Summit Systems will pay a dividend of$2.00 this year. At that point you expected. Summit Systems has an equity cost of capital of 10.0 %, will pay a dividend of $1.75 in one year, and its dividends had been expected to grow by 7.0 % per year. You read in the paper that Summit Systems has revised its growth prospects and now expects its dividends to grow at a rate of 3.0 % per year forever. he firm's equity cost of capital is 10.0%.
a. What is the value of a share of Summit Systems stock based on the original expected dividend growth of 6.0 %6.0% per year?
b. If you tried to sell your Summit Systems stock after reading this news, what price would you be likely to get? Why?
a. What is the value of a share of Summit Systems stock based on the original expected dividend growth of 6.0% per year?

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.

"in the electricity industry, low average total costs are obtained only through large-scale production. in other words, the initial cost of setting up all the necessary wiring makes it risky and, most likely, unprofitable for competitors to enter the market. throughout much of the 20th century, many people viewed south africa’s de beers group as a monopoly because it controlled a large percentage of diamond production and sales. patents are granted to inventors of a product or process for a certain number of years. the reason for this is to encourage innovation in the economy. without the existence of patents, it is argued, research and development for improved electronics is unlikely to take place, since there’s nothing preventing another firm from stealing the idea, copying the product, and producing it without incurring the devel opment costs."which of the following best explains the barriers to entry that exist in this scenario? increasing returns to scale legal barriers exclusive ownership of a necessary resource

Witch type of group discussion requires a lot of active participation from the audience?