1. What rate of return is expected from a stock that sells $20 per share pays $1.00 annually in dividends and its expected to sell for $30 per share in one year?
2. Explain how a strategic understanding of the client’s business may increase the value of the audit service.
3. A decrease in the U.S. real interest rate results in:
an increase in net exports as the dollar depreciates.
an increase in net exports as the dollar appreciates.
a decrease in net exports as the dollar appreciates.
a decrease in net exports as the dollar depreciates.