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Angelina's made two announcements concerning its common stock today.
First, the company announced that its next annual dividend has been set at $2.16 a share. Secondly, the company announced that all future dividends will increase by 4% annually. What is the maximum amount you should pay to purchase a share of Angelina's stock if your goal is to earn a 10% rate of return?
In this exercise, you compute the invoice price of a $1000 par value, Calculate the invoice price (as a percentage of par value and in dollars)
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The cost of using the equipment is $250. The materials used in one shirt cost $10, and Gina can sell these for $15 each. How many shirts must Gina sell to break even?
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