Navel county choppers, inc., is experiencing rapid growth. the company expects dividends to grow at 22 percent per year for the next 8 years before leveling off at 7 percent into perpetuity. the required return on the company’s stock is 14 percent. if the dividend per share just paid was $1.84, what is the stock price?

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.