3A. The Waffle House pays a constant annual dividend of $1.25 per share. How much are you willing to pay for one share if you require a 25 percent rate of return? 3B. The Waffle House is going to pay annual dividend of $1.25 per share in year one and the constant growth rate is 5%. How much are you willing to pay for one share if you require a 25 percent rate of return? 3C. The Waffle House just paid annual dividend of $1.25 per share and the constant growth rate is 5%. How much are you willing to pay for one share if you require a 25 percent rate of return?

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions