14. Look in a recent issue of The Wall Street Journal at NYSE-Composite Transactions. a. What is...

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14. Look in a recent issue of The Wall Street Journal at “NYSE-Composite Transactions.”

a. What is the latest price of IBM stock?

b. What are the annual dividend payment and the dividend yield on IBM stock?

c. What would the yield be if IBM changed its yearly dividend to $1.50?

d. What is the P/E on IBM stock?

e. Use the P/E to calculate IBM’s earnings per share.

f. Is IBM’s P/E higher or lower than that of Exxon Mobil?

g. What are the possible reasons for the difference in P/E?

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Related Book For  book-img-for-question

Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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