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Assume a stock selling for $45.01 has a dividend yield of 2.1 percent and a PE ratio of 20.4. What is the earnings per share (EPS) for the company? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
During periods of high inflation, U.S. firms have strong incentives to purchase short-lived assets and frequently replace them, rather than investing in long-lived assets. Tru
The rate of return on Cherry Jalopies, Inc., stock over the last five years was 23 percent, 11 percent, -5 percent, 7 percent, and 10 percent. Over the same period, the return
Suppose you buy stock at a price of $66 per share. Five months later, you sell it for $70. You also received a dividend of $.54 per share. What is your annualized return on th
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Assume you work for an old established company with a traditionally based pay system. Would you rather have a seniority-based pay system or a merit-based pay system and explai
Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $48, $400, and $100, respectively. If Baker undergoes a 3-for-2 stock split, what is the ne
You are considering buying a bond issued by General Motors with exactly 5.5 years remaining to maturity that just paid a coupon yesterday. It rained on your paper this morning
JJ Enterprises is considering the purchase of a new machine that will produce thumb drives. The new machine will require an initial investment of $100,000 and has an economic
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