Question
11/12 Analysts that follow JP Morgan Chase, one of the nations largest providers of financial services, estimate that the corporations earnings per share will increase
11/12 Analysts that follow JP Morgan Chase, one of the nations largest providers of financial services, estimate that the corporations earnings per share will increase from $6.69 in the current year to $7.64 next year.
11. What is the amount of the increase?
12. Critical Thinking: What effect, if any, should this increase have on the value of the corporations stock?
13. Currently, Boeing pays an annual dividend of $5.68. If the stock is selling for $180, what is the dividend yield?
14. Critical Thinking: Based on your results in #13. What would the dividend yield tell an investor about the dividend income related to $1 worth of Boeing stock? Be specific.
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