1. Compared to Google____has a lower debt to equity ratio?
a. apple
b. IBM
c. HP
2. Jute Corporation's common stock has a beta of 1.1. The risk free rate is 3% and the market return is 7%. The company announces that starting next year it will pay a dividend of $13 forever. What is the estimated share price now?
a. 40.5
b. 30.5
c. 30
d. 100