Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
In the 1st quarter of 2001 Merck paid a regular quarterly dividend of $.34 a share.
a. Match each of the following sets of dates:
(A1) 27 February 2001
(B1) Record date
(A2) 6 March 2001
(B2) Payment date
(A3) 7 March 2001
(B3) Ex-dividend date
(A4) 9 March 2001
(B4) Last with-dividend date
(A5) 2 April 2001
(B5) Declaration date
b. On one of these dates the stock price is likely to fall by about the value of the
dividend. Which date? Why?
c. Merck"s stock price at the end of February was $80.20. What was the dividend yield?
d. If earnings per share for 2001 are $3.20, what is the percentage payout rate?
e. Suppose that in 2001 the company paid a 10 percent stock dividend. What would be the expected fall in price?
What is the value of a nine month European call on the futures with a strike price of 26?
A company's fixed operating costs are $630,000, its variable costs are $2.55 per unit, and the product's sales price is $5.85. What is the company's breakeven point; that is, at what unit sales volume will its income equal its costs? Round your an..
The risk-free rate of interest is 4.00%. By how much does Bradford's required return exceed Farley's required return? Round your answer to two decimal places.
What if interest rates on the 10 percent loan go up to 15 % in the second year and 18% in the third year? What would be the total interest cost compared to the 12%, three year loan?
Most initial public offerings (IPO) are made with assistance of an investment banker. Main activity of an investment banker is underwriting the issue.
To find out the present value of uneven series of cash flows, you may find out the PVs of the individual cash flows and then sum them. Annuity procedures can never be of use, even if some of the cash flows constitute an annuity
Exxon Mobil has a 34 percent tax rate and has decided to issue $100 million of seven-year debt. It has three alternatives. A U.S. public offering would need an 8 percent coupon with interest payable semiannually and $900,000 of flotation expense.
portfolio management involves identifying objectives constraints and preferences for an investor resulting in the
an investment project requires a net investment of 100000 and is expected to generate annual net cash inflows of 25000
If I borrow 60,000 from bank at 10% interest over the seven-year life of loan, what equal annual payments should be made to discharge the loan plus pay the bank its required rate of interest. Annual payments_____.
a family doctor sees patients for an average of 10 minutes each. there is an additional 5 minutes of paperwork for
studebaker is eligible to put 12000 before tax dollars each year into a tax deferred annuity tda. in order to invest
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd