One hundred basis points equal

A)$1

B)1%

C) 10%

D) 100%

Which of the following inputs is not needed when using the Gordon growth model to determine the market value of a share of stock?

A) the number of years the investor expects to own the stock

B) the expected growth rate of the dividends

C) the required rate of return for the stock

D) the dollar amount of the dividend payment

What range of inflation rates do many economists currently believe is healthy?

A) 0% to 1%

B) 1% to 3%

C) 2% to 4%

D) 3% to 5%