Sand Point Corporation's common stock recently paid a dividend of $1.50. Investors require a 16% rate of return on this stock. Sand Point earns a 30% return on equity. The firm pays 60% of its earnings as dividends, and reinvests 40% of earnings in the firm. What is the value of the stock

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.