For assignment # 3 you will do an in-depth analysis of a stock of you choosing. The only requirement is it must be a dividend paying stock. Also, do not pick the same stock as your friends. The Assignment is worth 30 points and is due Tuesday, March 24th. All rules of academic integrity apply to this assignment.

Your task will be as follows:

1) Select a dividend paying stock listed on an exchange. State the company name, symbol, and current price

2) From the company's most recent balance sheet calculate the current ratio and total debt ratio.

3) From the company's most recent income statement calculate the profit margin

4) Using both the company's most recent income statement and balance sheet calculate the return on assets

5) List the quarterly dividends paid for the last two years

6) Using the dividend growth model estimate the current value of the stock. For the required rate of return use a rate of your choosing - it must be greater than the dividend yield. How does the price you calculate compare to the actual current stock price?

7) Select three additional pieces of information that you found interesting about the company and discuss them. This is a significant part of the assignment so do not skimp on this.

To do the research I find Yahoo Finance intuitive and easy to navigate. You can use other source such as Bloomberg, but regardless of the site you decide to use to capture the information, you must answer all the elements noted above. You must show the details of your calculations to receive credit.