Problem 5-1 Refer to the Microsoft stock quotation on table below. Microsoft Corporation (Nasdaq: MSFT) Day's Range Last Trade $23.57 $23.47 - $23.65 Change $0.15 52 wk Range $14.87 $29.19 Previous Close $23.42 Volume 1,823,738 shares P/E 13.57 Dividend $0.52 EPS $1.74 Dividend Yield 2.20% Demonstrate that the price/earnings (P/E) ratio is consistent with other information in the listing. eBook ' Problem 5-2 Sam Lawson is a vice president at a large communications firm. His compensation includes a salary of $420,000, a bonus of $210,000 and a stock option package that allows him to purchase 31,000 shares of the company's stock at $50 per share. He can exercise the option anytime within a three-year period that starts on the first of next month. The stock is now selling at 363 per share. If the current price holds until the first of the month, and Sam exercises his option, how much ww he make this year? $