1. In what instances or conditions, can we not use the Constant Growth Dividend to value a stock?
2. What must be the qualifications and personal qualities of a Marketing manager? What other jobs are available for thwithin and Marketing manager within and outside an organization?
3. A share of stock sells for $35 today. The beta of the stock is 1.2, and the expected return on the market is 12 percent. The stock is expected to pay a dividend of $.80 in one year. If the risk-free rate is 5.5 percent, what should the share price be in one year? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)