1. Financial analysts forecast Safeco Corp.’s (SAF) growth rate for the future to be 8 percent. Safeco’s recent dividend was $0.88. What is the value of Safeco stock when the required return is 12 percent?
2. A decrease in the gross domestic product (GDP) would indicate that the economy is experiencing a(n) deflation contraction expansion stagflation.
3. Investments and loans base their interest calculations on one of two possible methods: the ____ interest and the ____ interest methods.