BUSINESS

30. Value of a Preferred Stock If a preferred stock from Pfizer Inc. (PFE) pays $3.00 in annual dividends, and the required return on the preferred stock is 7 percent, what’s the value of the stock?
A. $0.21
B. $0.43
C. $21.00
D. $42.86

 

31. Value of a Preferred Stock If a preferred stock from Ecology and Environment, Inc. (EEI) pays $2.50 in annual dividends, and the required return on the preferred stock is 5.8 percent, what’s the value of the stock?
A. $0.15
B. $0.43
C. $14.50
D. $43.10

 

32. P/E Ratio and Stock Price International Business Machines (IBM) has earnings per share of $6.85 and a P/E ratio of 15.19. What is the stock price?
A. $0.45
B. $2.22
C. $45.09
D. $104.05

 

33. P/E Ratio and Stock Price Pfizer, Inc. (PFE) has earnings per share of $2.09 and a P/E ratio of 11.02. What is the stock price?
A. $0.19
B. $5.27
C. $18.97
D. $23.03

 

34. P/E Ratio and Stock Price Ralph Lauren (RL) has earnings per share of $3.85 and a P/E ratio of 17.37. What is the stock price?
A. $0.22
B. $4.51
C. $22.16
D. $66.87

 

35. Value of Dividends and Future Price A firm is expected to pay a dividend of $2.00 next year and $2.14 the following year. Financial analysts believe the stock will be at their target price of $75.00 in two years. Compute the value of this stock with a required return of 10 percent.
A. $65.40
B. $66.67
C. $65.57
D. $79.14

 

36. Value of Dividends and Future Price A firm is expected to pay a dividend of $3.00 next year and $3.21 the following year. Financial analysts believe the stock will be at their target price of $80.00 in two years. Compute the value of this stock with a required return of 13 percent.
A. $50.00
B. $67.52
C. $67.82
D. $86.21

 

37. Dividend Growth Annual dividends of Wal-Mart Stores (WMT) grew from $0.23 in 2000 to $0.83 in 2007. What was the annual growth rate?
A. 2.61%
B. 20.12%
C. 37.29%
D. 260.87%

 

38. Dividend Growth Annual dividends of Pfizer, Inc. (PFE) grew from $0.38 in 2000 to $1.15 in 2007. What was the annual growth rate?
A. 2.02%
B. 17.14%
C. 28.95%
D. 202.63%

 

39. Value a Constant Growth Stock Financial analysts forecast Best Buy Company (BBY) growth for the future to be 13 percent. Their recent dividend was $0.49. What is the value of their stock when the required rate of return is 14.13 percent?
A. $3.92
B. $4.90
C. $43.36
D. $49.00

Order now and get 10% discount on all orders above $50 now!!The professional are ready and willing handle your assignment.

ORDER NOW »»