To everyone who answered these previous questions: none matched the multiple choice :/ so here are a few at a time ( ill send 3 our at a time) with the
mulitple choice.. Thanks alot guys!
1.River Rock inc. just paid and annual dividend of $2.80. The company has increase its dividend by 2.5 percent a year for the past ten years and expects to
continue doing so.What will a share of this stock be worth six years fron now if the required return is 16 percent?
2. Suppose that in 2010 a $10 silver certificate from 1898 sold for $11200. For this to have been truewhat would the annual increase in the value of the
certificate have been?
3.The furniture showroom offers credit to its customers at a rate of 1.4 percent per month. What is the effective-annua rate of this credit offer?