Company XYZ closed at $50.34 per share with a P/E ratio of 12.57. Answer the following questions.
Question:
Company XYZ closed at $50.34 per share with a P/E ratio of 12.57.
Answer the following questions.
How much were earnings per share?
Does the stock seem overpriced, underpriced, or about right given that the historical P/E ratio is 12-14?
How much were earnings per share?
Company XYZ closed at $108.28 per share with a P/E ratio of 11.13.
Answer the following questions.
How much were earnings per share?
Does the stock seem overpriced, underpriced, or about right given that the historical P/E ratio is 12-14?
How much were earnings per share?
Calculate the current yield on the described bond.
A $2000 Treasury bond with a coupon rate of 3.2% that has a market value of $1800
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk