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Chamberlain Corporation is expected to pay the following dividends over the next four years: $12.50, $8.50, $7.50, and $3.00. Afterward, the company pledges to maintain a constant 4% growth rate in dividends forever. If the required return on the stock is 12%, what is the current share price? .

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Cell Worksheet; and shere tor futvre whe Hins. thb cell evild be found in the fath ef ves hands. under pour uhim or over your puteut muscles kevp in mind what you have learned about the moperties at apth and lindine how thede types of melecules ceguld be safely stared in the aquepus eovinonmen of the cett. 2. Your cell's primary functione controttion and mowe ment Wint this cell could be found in your quadriceps pr wer berpu irmp itmind that thas conl will be Itint. This cell is found in the prinary or ean that prodeces if coitiot ennenes in yoge body. 4. Your ceifis primary functions delivery ef ewyben to at crilis in the becty and have a sieface area that supports ellicipnt erveces traester. .

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CEO Bernard Ellis sent a memo to shareholders of his Internet-related services business some four days before the expiration of a lock-up period during which these shareholders had agreed not to sell their stock. In the memo, he urged shareholders not to sell their stock on the release date because in the event of a massive sell-off "our stock could plummet." He also stated "I think our share price will start to stabilize and then rise as our company's strong performance continues. "Based on Ellis' "strong performance" statement, a major corporate shareholder did not sell. The price of the stock fell from $40 a share to 29 cents a share over the subsequent nine-month period. The shareholder sued Ellis for fraud, seeking $27 million in damages. Analyze the italicized statement to see if it contains an actionable misrepresentation of fact and a basis of fraud liability. [New Century Communications v. Ellis, 318 F.3d 1023 (11th Cir.)] .

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Case Study: Box 1.1: Taking big decisions at Nokia Stephen Elop, who joined Nokia as President and CEO in September 2010 from the senior staff of Microsoft is faced with a significant amount of uncertainty and ambiguity in determining the future strategy of the company. With a rapidly declining market share in developed markets (where Google's Android and Apples iPhone have heralded the invasion of Smartphones) and a weakening competitive position in emerging markets (such as India), the decisions he is taking are significant for the survival of the organisation. In February 2011, he issued his famous "burning platform" memo and canvassed 3 questions to all Nokia employees: The 'burning memo' document presented a clear and simple analogy for Nokia employees. Wr. Elop subsequently announced a strategic decision to create a joint venture with Microsoft and adopt their Windows operating system to power their new smartphones. It offers both leveraged branding for Microsoft and Nokia in both developed and emerging markets tactically but moreover still requires Nokia to make the operational decision of maintaining their support for their in-house Symbian and Meego platforms, to finance the transition of the company. A large challenge given the extensive history of organic and in-house technological development and the corporate culture this has developed. Consider these questions for discussion and further research: .

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Case study 1: Maryanne Maryanne lived in Montreal. Her career goal was to become a horticulturalist. She had successfully passed a college course and completed an apprenticeship as a gardener with the city's Botanical Gardens. When a suitable opening came up to work as a horticulturalist with the city, she immediately sent in her application. Maryanne was fully qualified for the position and was invited for an interview. She successfully passed the interview. However, she also had to undergo a physical check-up to confirm her suitability for the job. This checkup indicated she had a slight curvature of the spine called scoliosis. Maryanne was surprised to learn this, as she had never experienced any symptoms from this relatively common condition. In fact, she had never experienced any pain, nor had she suffered any limitation on her because of her condition. A later evaluation showed that Maryanne was able to perform all the duties of a gardener-horticulturalist in complete safety to herself and others, and that there was no need to limit her duties. When it became aware of Maryanne's condition, the city decided to hire another candidate who it thought would be less of a risk for back problems and therefore unlikely to incur increased health care costs later on. The city rationalized its decision saying that it had the right and even the responsibility to employ individuals who would pose the least potential cost to taxpayers. Believing the city had rejected her application because of a handicap, Maryanne made a complaint to the Human Rights Tribunal. Maryanne alleged that the city acted in a discriminatory way that deprived her of unemployment insurance benefits, caused her a high level of stress and deeply humiliated her. The city responded that because Maryanne had no functional limitations, it could not be said that she had a disability under Quebec's Charter of Human Rights and Freedoms. Group discussion questions 1. Why do you think that the city should or should not have hired Maryanne? 2. If it is possible that Maryanne will develop back problems, do you think that the city did the right thing by not hiring her? 3. Do you think society's view towards persons with disabilities has a positive or negative impact on the barriers they face? .

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