1. Suppose that a shareholder has just paid $4 per share for Go Go Company shares. The shares will pay a $0.20 per share dividend in the upcoming year, and this dividend is expected to grow at an annual rate of 8% indefinitely. What is the annual required rate of this shareholder?
2. Find at least three methods for collecting taxes at local, state and federal levels?
What disadvantages and advantages can you locate for the flat tax at the federal level?