You own a house that you rent for $1,100 a month. The maintenance expenses on the
house average $200 a month. The house cost $219,000 when you purchased it 4 years
ago. A recent appraisal on the house valued it at $239,000. If you sell the house you will
incur $14,000 in real estate fees. The annual property taxes are $4,000. You are
deciding whether to sell the house or convert it for your own use as a professional
office. What value should you place on this house when analyzing the option of using it
as a professional office?
Highway Express has paid annual dividends of $1.16, $1.20, $1.25, $1.10, and $0.95
over the past five years respectively. What is the average dividend growth rate?
A. -4.51 percent
B. -3.60 percent
C. 2.28 percent
D. 2.47 percent
E. 4.39 percent
A swap dealer in the U.S.:
A. acts solely as a seller of swap contracts.
B. matches buyers to sellers.
C. only deals if its book is matched.
D. is frequently a commercial bank.
E. trades electronically via NASDAQ.