Buy here: http://homework.plus/finc-600-week-2-practice-quiz/ Question 1 of 15 1.0/ 1.0 Points If the Wall Street Journal Quotation for a company has the following values close: 55.14; Net chg: = + 1.04; then the closing price for the stock for the previous trading day was? A.$56.18
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Buy here: http://homework.plus/finc-600-week-2-practice-quiz/
Question 1 of 15 1.0/ 1.0 Points
If the Wall Street Journal Quotation for a company has the following values close: 55.14; Net
chg: = + 1.04; then the closing price for the stock for the previous trading day was?
A.$56.18
B.$54.10
C.$55.66
D.None of
the above.
Fee
dba
ck:
Pre
viou
s
clos
ing
=
tod
ay's
clos
ing
net
chg
. =
55.
14 -
1.0
4 =
$54
.10
Q
u
e
s
t
i
o
n
2
o
f
1
5
1
.
0
/
1
.
0
P
o
i
n
t
s
The value of a common stock today depends on:
A
.
N
u
m
b
e
r
o
f
s
h
a
r
e
s
o
u
t
s
t
a
n
d
i
n
g
a
n
d
t
h
e
n
u
m
b
e
r
o
f
s
h
a
r
e
h
o
l
d
e
r
s
B
.
T
h
e
e
x
p
e
c
t
e
d
f
u
t
u
r
e
d
i
v
i
d
e
n
d
s
a
n
d
t
h
e
d
i
s
c
o
u
n
t
r
a
t
e
C
.
T
h
e
W
a
l
l
S
t
r
e
e
t
a
n
a
l
y
s
t
s
D
.
P
r
e
s
e
n
t
v
a
l
u
e
o
f
t
h
e
f
u
t
u
r
e
e
a
r
n
i
n
g
s
p
e
r
s
h
a
r
e
Q
u
e
s
t
1
.
0
/
1
i
o
n
3
o
f
1
5
.
0
P
o
i
n
t
s
Company X has a P/E ratio of 10 and a stock price of $50 per share. Calculate earnings per
share of the company.
A
.
$
6
p
e
r
s
h
a
r
e
B
.
$
1
0
p
e
r
s
h
a
r
e
C
.
$
0
.
2
0
p
e
r
s
h
a
r
e
D
.
$
5
p
e
r
s
h
a
r
e
F
e
e
d
b
a
c
k
:
E
P
S
=
5
0
/
1
0
=
$
5
Q
u
e
s
t
i
o
1
.
0
/
1
.
0
n
4
o
f
1
5
P
o
i
n
t
s
Which of the following stocks is/are a growth stock(s)?
A
.
U
n
i
l
e
v
e
r
B
.
C
u
m
m
i
n
s
,
I
n
c
C
.
S
t
a
r
b
u
c
k
s
D
.
A
l
l
o
f
t
h
e
a
b
o
v
e
a
r
e
g
r
o
w
t
h
s
t
o
c
k
s
Q
u
e
s
t
i
o
n
5
o
f
1
5
1
.
0
/
1
.
0
P
o
i
n
t
s
Universal Air is a no growth firm and has two million shares outstanding. It is expected to
earn a constant 20 million per year on its assets. If all earnings are paid out as dividends and
the cost of capital is 10%, calculate the current price per share for the stock.
A
.
$
2
0
0
B
.
$
1
5
0
C
.
$
1
0
0
D
.
$
5
0
F
e
e
d
b
a
c
k
:
E
P
S
=
D
P
S
=
2
0
/
2
=
$
1
0
p
e
r
s
h
a
r
e
=
P
o
=
1
0
/
0
.
1
=
1
0
0
Q
u
e
s
t
i
1
.
0
/
1
.
o
n
6
o
f
1
5
0
P
o
i
n
t
s
Which of the following investment rules does not use the time value of the money concept?
A
.
N
e
t
p
r
e
s
e
n
t
v
a
l
u
e
B
.
I
n
t
e
r
n
a
l
r
a
t
e
o
f
r
e
t
u
r
n
C
.
T
h
e
p
a
y
b
a
c
k
p
e
r
i
o
d
D
.
A
l
l
o
f
t
h
e
a
b
o
v
e
u
s
e
t
h
e
t
i
m
e
v
a
l
u
e
c
o
n
c
e
p
t
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