1. The PDQ Company's common stock is expected to pay a $3.00 dividend in the coming year. If investors require a 16% return and the growth rate in dividends is expected to be 8%, what will the market price of the stock be?
A) $11.76
B) $37.50
C) $23.11
D) $22.22
2. The financial manager is concerned with
A) striking a balance between holding too much and too little cash.
B) maintaining high levels of profitability.
C) minimizing the chance of insolvency.
D) all of the above.
3. Payments made on your loan obligations should-----------your net worth
decrease
increase
eliminate
maintain