Question
Parent 1 Company XYZ closed at $102.07 per share with a P/E ratio of 12.54. How much were my earnings per share?***( I need to
Parent 1
Company XYZ closed at $102.07 per share with a P/E ratio of 12.54.
- How much were my earnings per share?***( I need to round to the nearest cent)***
- Does this stock appear to be overpriced, underpriced, or about right given that the historical P/E ratio is 12-14.
Part 2
Four years after buying 100 shares of XYZ stock for $50 per share, I sold the stock for $7500. What would be my annual return % (percentage) ?
*** I need to round to ONE decimal place***
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Linear Algebra A Modern Introduction
Authors: David Poole
4th edition
1285463242, 978-1285982830, 1285982835, 978-1285463247
