course hero - 1. (TCO A) Which of the following is NOT...

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1. (TCO A) Which of the following is NOT normally regarded as being a barrier to hostile takeovers? (Points: 5) 2. (TCO F) Which of the following statements is correct? (Points: 5) 3. (TCO D) Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which competition will probably reduce the growth rate in earnings and dividends to zero, i.e., g = 0. The company's last dividend, D 0, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock? 4. (TCO G) Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $35,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March? 5.
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course hero - 1. (TCO A) Which of the following is NOT...

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