4. Vandelay Industries, a latex company, just paid $7.40 per share in annual dividends (ie. D0 = $7.40), and has historically grown that amount by 5% a year. What is the current value of the stock to an investor who requires a 12.5% return under each of the following scenarios? a) Dividends continue to grow at the historical rate (ie. 5%) b) The dividend growth rate is expected to permanently increase to 7% c) The dividend growth rate is expected to permanently decreaseto3%

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

What type of stock does a large company issue?

You receive a memo from the vice president of procurement responding to your query. he writes: “it will be very important to maintain product continuity. we have a large base of devoted customers. we want to make sure that the quality and key characteristics of island knight stay the same through this transition. talk to frank, our consulting professional perfumer, for more information about the cologne. seasonal variations in costs are the single most significant factor in our deciding to go with another supplier, so finding a way to limit that should be the top priority. the overall marginal costs and shipping costs are probably somewhat less significant. you may want to talk to cindy, the product manager for island knight, regarding pricing information about the product.” what is the best action to take next?