Day 1:Day 2:Company ADay 1$14Day 211Day 3151310Split at close of day 2.Split at close of day 3.Calculate a Dow Jones Industrial Average for days 1 through 5. Do not round intermediate calculations. Round your answers to three decimal places.Day 3:Day 4:Day 5:PRICEB$20Day 4Day 5254038с$5258562628A550550SHARESB370370185185185550$50550с250250250500500

Answered: Image /qna-images/answer/2b1dcd61-443e-4c5b-9dc6-0a864e9f0d23.jpg

Answered: PRICE B $20 25 40 Company A Day 1 $14…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Problem 8-14 P/E Ratio and Stock Price (LG8-7) JP Morgan Chase Co. (JPM) has earnings per share of $3.31 and a P/E ratio of 11.22.What is the price of the stock? (Round your answer to 2 decimal places.)
Problem 5 The owners' equity accounts for Alexander International are shown here: $ 40,000 335,000 Common stock ($0.50 par value) Capital surplus Retained earnings Total owners' equity 738,120 $1,113,120 a If Alexander stock currently sells for $25 per share and a 10 percent stock dividend is declared, how many new shares will be distributed? Show how the equity accounts would change.
A B FOR GRADIN PROBLEM 1 (5 POINTS) F G H Laurin Limited had 101,000 shars outstanding on Jan 1, Y4. On March 31, Y4 Laurin issued 23,000 shares in exchange for equipment On July 1, Y4 Laurin repurchased and cancelled 24,000 shares On October 31, Y4 Laurin declared and issued a 20% stock dividend REQUIRED Calculate Laurin's weighted average number of shares outstanding at Dec 31, Y4. Event Dates Outstanding Shares Fraction Weighted Outstanding Restatement of year Shares Beg bal 1/1-3/1 101,000 1.20 0.17 20,200 sold shares 3/1-7/1 124,000 1.20 0.33 49,600 repurchased 7/1 - 10/1 100,000 1.20 0.25 30,000 stock div 10/1 - 12/31 120,000 0.25 30,000 129,800
Question 20 FLAG QUESTION Consider the following Year 1 information for Terrier Treats (T) 12 13 Revenues $10,000 14 Total expenses including taxes $6,500 15 Total shares outstanding 100 16 Stock Price at the end of Year 1 $57.00 If T"s cost of equity is 17% and the current stock price is $50, what is the dividend payout ratio (1 (express as a % rounded to 1 digit after the decimal: x.x%) Answers 1 - 1 1. Previous Finish ESTIONS VERSION 2M.6.4 MacBook Pro
Problem 11-15 Schuss Inc. can sell preferred shares for $74 with an estimated flotation cost of $4.00. The preferred stock is anticipated to pay $10 per share in dividends. a. Compute the cost of preferred stock for Schuss Inc. (Round the final answer to 2 decimal places.) Cost of preferred stock% b. Do we need to make a tax adjustment for the issuing firm? O Yes O No
A B 1 Purchase price per share $57 2 Total commission $35 3 Dividend at year 1 $1.80 4 Dividend at second year $1.93 5 Number of shares bought 100 6 Total purchase price =B5*B1 7 Purchase price with commission =B6+B2 8 Selling price at the end of second year $59 9 Total selling price |=B8*B5 10 Commission on selling $44 11 Selling price net of commission =B9-B10 12 Total dividend in year 1 =B3*B5 13 Total dividend in year 2 =B4*B5 14 (a) Dividend yield at purchase =B12/B6 15 (b) Dividend yield at sale =B13/B9 16 (c) Total return |=B11+B12+B13-B7 17 Holding period return 18 (d) Annualized holding period yield =B16/B7 =(1+B17)^(1/2)-1
Understanding EPS CalculationsOn its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per share.Fill in the missing information. Rounding instruction: Round answer a. to two decimal places.Round answer b., c., & d. to the nearest million.Round answer e. to three decimal places. $ millions, except per share amounts 2015 2014 2013 Net income $16,388 $4,833 d. Answer Preferred stock dividends $1,483 b. Answer $1,349 Net income applicable to common shareholders $14,905 c. Answer $11,072 Average common shares outstanding 10,462.282 10,527.818 e. Answer Basic earnings per share a. Answer $0.38 $0.94
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