You expect KT industries (KTI) will have earnings per share of $ 3 this year and expect that they will pay out $ 2.25 of these earnings to shareholders in the form of a dividend. KATIE's return on new investments is 16% and their equity cost of capital is 15%. The expected growth rate for KTIs dividends is closest to:

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.