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Financial Planning Exercise 9 Interpreting stock quotes Assume that the following quote for the Walt Disney Company, a NYSE stock, appeared on May 1, 2015

Financial Planning Exercise 9 Interpreting stock quotes

Assume that the following quote for the Walt Disney Company, a NYSE stock, appeared on May 1, 2015 (Friday) on Yahoo! Finance (http://finance.yahoo.com/q?s=DIS&ql=1):

The Walt Disney Company (DIS) - NYSE
110.52 1.80 (1.66%) May1, 4:01PM EDT
Prev Close: 108.72 Day's Range: 109.27 - 110.67
Open: 109.79 52wk Range: 78.54 - 111.66
Bid: 110.81 x 400 Volume: 6,205,116
Ask: 110.95 x 500 Avg Vol (3m): 6,394,880
1y Target Est: 110.23 Market Cap: 187.84B
Beta: 1.1 P/E (ttm) 24.57
Next Earnings Date: 5-May-15 EPS (ttm): 4.50
Div & Yield: 1.15 (1.10%)

Given this information, answer the following questions.

At what price did the stock sell at the time of the quote? $

What is the stock's price/earnings ratio? What does that indicate? Round your answers to the nearest whole number. This means that investors are willing to pay more than $ for every $1 of earnings per share that the company generated last year.

What is the last price at which the stock traded on the prior trading day? $

What's the stock's dividend yield? %

What are the highest and lowest prices at which the stock traded during the latest 52-week period?

Highest price $
Lowest price $

How large is the market capitalization of the company? $ billion

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