River rock, inc. just paid an annual dividend of $2.80. the company has increased its dividend by 2.5 percent a year for the past ten years and expects to continue doing so. what will a share of this stock be worth six years from now if the required return is 16 percent?

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.