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NEW QUESTION: 1
Section C (4 Mark)
Navin Corporation, a manufacturer of do-it-yourself hardware and housewares, reported earnings per share of Rs2.10 in 1993, on which it paid dividends per share of Rs0.69. Earnings are expected to grow 15% a year from 1994 to 1998, during which period the dividend payout ratio is expected to remain unchanged. After
1998, the earnings growth rate is expected to drop to a stable 6%, and the payout ratio is expected to increase to 65% of earnings. The firm has a beta of 1.40 currently, and it is expected to have a beta of 1.10 after 1998.
The Risk Free rate is 6.25%.
What is the value of the stock, using the two-stage dividend discount model?
A. Rs27.59
B. Rs 30.06
C. Rs 25.15
D. Rs 27.75
Answer: A

NEW QUESTION: 2
Which of the following allows employees to work at home and connect to the office electronically?
A. Job sharing
B. Part time work
C. Internship
D. Telecommuting
Answer: D
Explanation:
Explanation/Reference:
Answer option A is correct.
Chapter: Workforce Planning and Employment
Objective: Strategic Workforce Planning

NEW QUESTION: 3
Which of the following defines the communication link between a Web server and Web applications?
A. CGI
B. PGP
C. Firewall
D. IETF
Answer: A