A stock paid its annual dividend of $4.00 per share, yesterday. The dividend growth rate for the stock is expected to be 20 percent per year for the next two years. Thereafter, the dividend growth rate is expected to be 3.50 percent per year indefinitely. The appropriate discount rate for the stock is 11.80 percent. Determine the price of the stock today.

In a chapter 7 bankruptcy, a debtor:

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.