FTX operated a cryptocurrency exchange before enterring bankruptcy. One year ago, FTX stock price was 40.0. Currently, the price is 1.2. Bitcoin price was $39,000 a year ago and $22,000 currently. What is the change in stock price over the past year for FTX and Bitcoin?
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FTX operated a cryptocurrency exchange before enterring bankruptcy. One year ago, FTX stock price was 40.0. Currently, the price is 1.2. Bitcoin price was $39,000 a year ago and $22,000 currently. What is the change in stock price over the past year for FTX and Bitcoin?
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- If iOS Corp. issues an additional $8 million of debt and uses this money to retire common stock, what will be the expected return on the stock? Assume that the change in capital structure does not affect the risk of the debt, and recall that the WACC under the initial capital structure is 13.85%. Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your answer rounded to 2 DECIMAL PLACES. TE= Number Click "Verify" to proceed to the next part of the question.Research online to find a company that bought back shares of its own stock (treasury stock) within the last 6–12 months. Why did it repurchase the shares? What happened to the companys stock price immediately after the repurchase and in the months since then? Is there any reason to think the repurchase impacted the price?(Related to Checkpoint 7.1) (Calculating rates of return) On December 5, 2007, the common stock of Google Inc. (GOOG) was trading for $698.51. One year later the shares sold for only $283.99. Google has never paid a common stock dividend. What rate of return would you have earned on your investment had you purchased the shares on December 5, 2007? ... The rate of return you would have earned is %. (Round to two decimal places.)
- On December 24, 2007, the common stock of Google Inc. was trading for $700.73. one year later the shares sold for only $298.02. Google has never paid a common stock dividend. What rate of return would you have earned on your investment had you purchased the shares on December 24, 2007?See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco repurchases 1.9 million shares each year from 2016 to 2019. What would be its earnings per share in 2019? (Assume Mydeco pays for the shares using its available cash and that Mydeco earns no interest on its cash balances.)Felton Publishing recently completed its IPO. The stock was offered at $14.07 per share. On the first day of trading, the stock closed at $19.97 per share. a. What was the initial return on Felton? b. Who benefited from this underpricing? Who lost, and why?
- (Calculating rates of return) On December 17, 2007, the common stock of Google Inc. (GOOG) was trading for $ 669.23. One year later the shares sold for only $ 315.24. Google has never paid a common stock dividend. What rate of return would you have earned on your investment had you purchased the shares on December 17, 2007? Question content area bottom Part 1 The rate of return you would have earned is enter your response here %. (Round to two decimal places.)Go to Yahoo.com’s financial website and enter Apple, Inc.’s stock symbol, AAPL. Answer the following questions concerning Apple, Inc. At what price did Apple’s stock last trade? What is the 52-week range of Apple’s stock? When was the last time Apple’s stock hit a 52-week high? What is the annual dividend of Apple’s stock? How many current broker recommendations are strong buy, buy, hold, sell, or strong sell? What is the average of the broker recommendations? What is the price-earnings ratio?Margoles Publishing recently completed its IPO. The stock was offered at $14.00 per share. On the first day of trading, the stock closed at $19.00 per share. a. What was the initial return on Margoles? b. Who benefited from this underpricing? Who lost, and why? a. What was the initial return on Margoles? The initial return was 1%. (Round to one decimal place.) b. Who benefited from this underpricing? (Select the best choice below.) OA. Owners of other shares outstanding (not part of the IPO) and underwriters. O B. The company and underwriters. O C. Investors who bought shares at the IPO price of $14.00/share and investment banks (indirectly from future business) O D. The company and owners of other shares outstanding (not part of the IPO). Who lost? (Select the best choice below.) 0 A. Owners of other shares outstanding (part of the IPO) O B. Owners of other shares outstanding (not part of the IPO) O C. Both of the above. 0 D. Investors who bought shares at the IPO price of…
- Consider this example: Shares of Ex Why Zee, Inc. (ticker symbol: XYZ) are currently trading at $6 per share. XYZ plans to issue $6M in short term debt and use the money they borrow to repurchase $6M worth of their own stock. What effect will the debt issuance and share repurchase have on the balance sheet? There isn't enough information to answer this question Assets will increase by $6M Liabilities will decrease by $6M Number of Shares Outstanding will increase by 1 million Equity will decrease by $6MOn August 19, 2004, Google completed its IPO of 20.0 million shares to the initial investors at $85 per share. The closing price of the stock that same day was $94.00. What was the dollar value of the underpricing associated with the Google IPO? (Round answer to 0 decimal places, e.g. 5,275.)Yesterday at the market close, the stock of Kevin Spellman, Inc. was trading at $100 per share and there were 500,000 shares outstanding. This morning before the market opened, Kevin Spellman, Inc. announced that it was doing a 5:1 stock split. Under the efficient market hypothesis and with no new information, what will be the new stock price in dollars per share?
