1. Assume that Bank of America Corp, reported a net loss of $584 million for the fiscal quarter. That day, Bank of America's stock price climbed from $16.23 per share to $16.37 This demonstrates that: A) Equity valuation models are not related to company earnings B) Dividends are unrelated to earnings Equity valuation models can be irrational The net loss was smaller than investors expected All of the above Following is information from Pinto Corporation for 2017 2. Total 2017 revenue Total revenue growth rate Terminal revenue growth rate Net operating profit margin (NOPM) Net operating asset turnover (NOAT) $1,033,290 4% 196 5.3% 2.10 Projected 2018 total revenue would be: A) $1,043,623 $1,074,622 $1,088,054 D) $1,085,368 E) None of the above 3. Following is information from Intel Corporation for 2016 (S in millions) $59,387 5.0% 173% $83,316 0.74 Total revenue Projected revenue growth rate Net operating profit margin (NOPM) Net operating assets (NOA) Net operating asset turnover (NOAT) ected net operating profit after tax (NOPAT) for 2017 is: A D$10,788 million S 3,118 million C) $10,274 million D) S 2,969 million E) None of the above