Question
1. The FIN340 Company has a net profit margin of 9.00% on annual sales of $226,500,000 and the firm has 1,980,000 shares outstanding. If the
1. "The FIN340 Company has a net profit margin of 9.00% on annual sales of $226,500,000 and the firm has 1,980,000 shares outstanding. If the firm's P/E ratio is 13.20, how much is the stock currently selling for?"
$124.68 | ||
"$1,645.76 " | ||
$148.13 | ||
$135.90 | ||
"$1,510.00 " | ||
"$1,645.90 " | ||
$114.39 |
2. "Financial analysts forecast the FIN340 Company annual, sustainable growth for the future to be 7.10% per year and their most recent annual dividend paid was $3.85 - What is the value of FIN340 Company stock if the required rate of return is 14.90%?"
$52.86 | ||
$49.36 | ||
$56.71 | ||
$46.09 | ||
$62.30 | ||
$56.62 | ||
$60.74 |
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