If a stock is correctly priced then you know that . the dividend payout ratio is optimalb. the stock's required return is equal to the growth rate in earnings and dividendsc. the sum of the stock's expected capital gain and dividend yield is equal to the stock's required rate of returnd. the present value of growth opportunities is equal to the value of assets in place

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."