5.14 Use the following February 12, 1998, WSJ quotation for Merck & Co. to answer the next...

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5.14 Use the following February 12, 1998, WSJ quotation for Merck & Co. to answer the next question

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Which of the following statements is false?

a. The dividend yield was about 1.6%.

b. The 52 weeks’ trading range was $39.81.

c. The closing price per share on February 10, 1998, was $113.75.

d. The closing price per share on February 11, 1998, was $115.

e. The earnings per share were about $3.83.

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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