Answer: true
Explanation:
Answer:
The correct answer is letter "A": All public information is quickly reflected in security prices.
Explanation:
The Efficient Market Hypothesis (EMH) states that stock prices reflect all necessary and available information making it impossible for investors to beat the market even if obtaining information from insiders. Besides, the EMH establishes that the use of technical or fundamental analysis is useless at the moment of "predicting" future stock prices.
There are three forms of EMH: weak EMH, semi-strong EMH, and strong EMH. The semi-strong form of the EMH establishes that public information adjusts rapidly to current stock prices. It also states that only material non-public information could be helpful at the moment of estimating future stock prices.
D) A business plan.................
a.A stable dollar dividend targeted at 50 percent of earnings over a 5-year period.
b.A small, regular dividend of $0.70 per share plus a year-end extra when the profits in any year exceed $21,000,000.
The yearly dividend per share to be paid would depend on the policy that the company decides to implement - either $0.97 per share for policy (a) or $1.09 per share for policy (b).
For policy (a), to determine the yearly dividend per share to be paid, we need to calculate the average earnings over the 5-year period and take 50% of it as the targeted dividend per share. Let's assume the average earnings over the 5-year period is $15,000,000. Then, the targeted dividend per share would be:
Dividend per share = 50% x Average earnings / Number of shares Dividend per share = (0.5 * $15,000,000) / 7,700,000 Dividend per share = $0.97
For policy (b), we need to determine the year-end extra dividend when the profits in any year exceed $21,000,000. Let's assume that the profits for the current year are $24,000,000. Then, the year-end extra dividend per share would be:
Year-end extra dividend per share = (Profit - Threshold) / Number of shares Year-end extra dividend per share = ($24,000,000 - $21,000,000) / 7,700,000 Year-end extra dividend per share = $0.39
The regular dividend per share is given as $0.70. Therefore, the total dividend per share for policy (b) would be:
Total dividend per share = Regular dividend per share + Year-end extra dividend per share Total dividend per share = $0.70 + $0.39 Total dividend per share = $1.09
So, the yearly dividend per share to be paid would depend on the policy that the company decides to implement - either $0.97 per share for policy (a) or $1.09 per share for policy (b).
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B.) Work Value
C.) Aptitude
D.) Interest
Answer:
Here is one of the problems to be discussed in a "Strong Strategic Plan".
Explanation: