A common stock pays an annual dividend per share of $1.80. The risk-free rate is 5%, and the risk premium for this stock is 4%. If the annual dividend is expected to remain at $1.80 per share, what is the value of the stock?
A) Some third places exist online,in places such as social networking and gaming sites. B) Most online social sites,because of their anonymity,cannot provide sufficient human connection to function as third places. C) Most third places charge admission to regulate who joins. D) Third places are more likely to exist in rural areas rather than urban settings. E) Third places are called third places because they are usually populated by people who root for the third place team instead of the first and second place team.
A) are used only for Accounts Payable and Accounts Receivable B) may be used for various general ledger accounts C) may be used only for the cash account D) are never used for more than four accounts