Question: Question 39 (2 points) ComChip is a computer chip manufacturer. Its stock is selling at $50 per share. Estimated earnings next year total $200,00O. The

 Question 39 (2 points) ComChip is a computer chip manufacturer. Its

Question 39 (2 points) ComChip is a computer chip manufacturer. Its stock is selling at $50 per share. Estimated earnings next year total $200,00O. The company currently has 100,000 shares of common stock outstanding and will pay $20,000 in dividends. What is the firm's P/E ratio? Show all work for credit. Question 40 (2 points) A stock is expected to pay a dividend of $0.75 at the end of the year. The required 4.5%. What is the stock's current price? Show all work for rate of return is rs = credit

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