At year end, Sampson Companys balance sheet showed total assets of $80 million, total liabilities of $50 million, and 1,000,000 shares of common stock outstanding. Next year, Malta is projecting that it will have net income of $2.6 million. If the average P/E multiple in Maltas industry is 16, (and this is an average stock) what should be the price of Sampsons stock?

Group of answer choices

$41.60

$38.01

$44.57

$50.43

What is the effective rate of interest on a loan that charges you 8% compounded weekly?

Group of answer choices

8.32%

8.47%

8.61%

8.17%

A common stock currently has a beta of 1.7, the risk-free rate is 5 percent annually, and the market return is 12 percent annually. The stock is expected to generate a constant dividend of $5.70 per share. A pending lawsuit has just been dismissed and the beta of the stock drops to 1.2. The new equilibrium price of the stock will be

Group of answer choices

$42.54

$40.71

$51.83

$37.86