Determining how company will fund operations

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1. Last year, Wilderness Adventures paid an annual dividend of $3.40 per share. The firm recently announced that it will increase its dividend by a constant 11.0 percent annually. What is one share of this stock worth today at a required rate of 17.2 percent?

$62.08

$61.96

$60.38

$60.87

2. Determining how the company will fund its operations is called the? _______ decision. (Choose the correct? answer.)

A. equity B. investment C. dividend D. capital structure

Reference no: EM131924280

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