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2. The CIBC stock price was very volatile today. a. Using the website below, what did the price of CIBC shares end the day


2. The CIBC stock price was very volatile today. a. Using the website below, what did the price of CIBC shares end the day at ? CM.TO: Canadian Imperial Bank of Commerce - Yahoo Finance b. In a brief paragraph explain what important information was released today that may have had an impact on the stocks price. Use this web site https://ca.finance.yahoo.com/news/cibc-reports-third- quarter-profit-102632895.html c. If you expect the stock price of CIBC shares to be $170 next year, and you will receive a $5 dividend, would you purchase these shares today (based on the share price from part (a) above) if you require a 20% return on your investments? Support you answer using the present value of future cashflows.

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