Stock valuation model dynamics make clear that lower discount rates lead to lower valuations. higher valuations. lower growth rates. higher growth rates. Dividend Growth: Annual dividends of Wal-Mart Stores (WMT) grew from $0.23 in 2000 to $0.83 in 2007. What was the annual growth rate? 2.61% 20.12% 37.29% 260.87% This will only be executed if the order's price conditions are met. a trade a limit order an unlimited order a spread Which of the following is a reason municipal bonds offer lower rates of interest income for their investors? They are able to avoid interest rate risk. They are able to avoid reinvestment rate risk. They are able to offer reduced credit risk as they are backed by the federal government. They are tax exempt-at least at the federal level. This is the term for portfolios with the highest return possible for each risk level. efficient portfolios modern portfolios optimal portfolios total portfolios