If an industry has exactly 10 firms with identical sales, the four-firm concentration ratio must be: a. 40.
b. 60.
c. 90.
d. 10.

Explain how can you avoid conflict by adjusting

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?