Question
g) Use the Yahoo7 Finance website to find the market price for your Telstra share at close of trading on 30 June 2018. Compare this
g) Use the Yahoo7 Finance website to find the market price for your Telstra share at close of trading on 30 June 2018. Compare this with your calculated price for a share and decide if you would purchase the share on 1 July 2017 or not. Explain why you would (or would not) purchase Telstra on 1 July 2017.
h) Using a P/E multiple of 11 and the most recent annual earnings per share for Telstra, calculate the price of your Telstra share. Use the most recent annual report for Telstra to identify earnings per share. You can obtain the Telstra annual report from the announcements section of the ASX website to locate. Show all workings for your calculations. Based on this price, would you purchase a Telstra share on 13 August 2018? Explain how you made this decision.
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