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NEW QUESTION: 1

A. Option B
B. Option C
C. Option A
D. Option D
Answer: D

NEW QUESTION: 2

A. Option B
B. Option C
C. Option A
D. Option D
Answer: C

NEW QUESTION: 3
What is the default project application structure?
A. A number of HTML, JS and CSS files
B. A single HTML file and a number of CSS and JS files
C. A single HTML, single CSS and a single JS file
D. A number of HTML and JS files and a single CSS file
Answer: B

NEW QUESTION: 4
A stock has a beta of 1.1 and the risk-free rate is 5.5%. Its dividend growth rate is 4.1% and the dividend payout ratio is 38%. If the market risk premium is 7.3%, the P/E ratio of the stock equals ________.
A. 3.86
B. 7.19
C. 4.03
D. 6.73
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The required rate of return on the stock can be found using CAPM, which gives Rstock = k = Rf + beta* (Rm - Rf) = 5.5% + 1.1*7.3% = 13.53%. Therefore, P0/E1 = dividend payout/(k - g) = 0.38/(0.1353 - 0.041)
= 4.03.