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1. 2. Value of company assets $14,490,000 Value of company liabilities $6,881,748 Net income $1,982,400 Common stock dividends $260,005 Preferred stock dividends $572,068 Number of
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Value of company assets $14,490,000 Value of company liabilities $6,881,748 Net income $1,982,400 Common stock dividends $260,005 Preferred stock dividends $572,068 Number of shares of common stock outstanding 1,317,987 Closing price of Gizmo Inc.'s stock $49.72 per share a. The book value per share is $| (Round to the nearest cent.) b. The earnings per share is $ (Round to the nearest cent.) c. Gizmo Inc.'s dividend yield is %. (Round to two decimal places.) d. The market-to-book ratio is . (Round to two decimal places.) A $1,000 Treasury inflation-protected security is currently selling for $940 and carries a coupon interest rate of 4.00 percent. a. If you buy this bond, how much will you receive for your first interest payment, assuming no interest adjustment to principal during this time period? b. If there's a 1.00 percent increase in inflation, what will be the new par value of the bond? c. What is your new semiannual interest payment? d. What would the par value be at maturity, assuming a 2.50 percent annual inflation rate and ten-year maturity period? Click on the table icon to view the FVIF table i More Info n hearest cent.) 1 5 Compound Sum of $1 (FVIF) 2.25% 2.50% 1.023 1.025 1.118 1.131 1.249 1.280 1.396 1.448 1.561 1.639 1.744 1.854 2.00% 1.020 1.104 1.219 1.346 1.486 1.641 10 2.75% 1.028 1.145 1.312 1.502 1.720 1.970 3.00% 1.030 1.159 1.344 1.558 1.806 2.094 15 20 25Step by Step Solution
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