Grade Details |
1. | Question : | (TCO D) Find the current dividend on a stock, given that the required return is 8 percent, the dividend growth rate is 5 percent, and the stock price is $50 per share. | | | Student Answer: | $1.75 | | | $2.00 | | | $1.25 | | | $1.43 | | | | Comments: | | | | 2. | Question : | (TCO D) Find the next dividend on a stock given that the required return is 9.78 percent, the dividend growth rate is 7.77 percent, and the stock price is $94.89 per share. | | | Student Answer: | $2.91 | | | $0.91 | | | $1.91 | | | $1.71 | | | | Comments: | | | | 3. | Question : | (TCO D) A company has current assets of: cash $500, accounts receivable $200, and inventory $400. The company also has current liabilities of: accounts payable $300 and notes payable $600. What is the company's quick ratio? | | | Student Answer: | .78 | | | .88 | | | .90 | | | .55 | | | | Comments: | | | | 4. | Question : | (TCO B) Behavioralists point out that even if market prices are ____________ there may be _______________. | | | Student Answer: | distorted; limited arbitrage opportunities | | | distorted; fundamental efficiency | | | allocationally efficient; limitless arbitrage opportunities | | | distorted; allocational efficiency | | | | Comments: | | | | 5. | Question : | (TCO B) The ratio of the average yield on 10 top-rated corporate bonds, to the average yield on 10 intermediate-grade bonds is called the __________.