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Refer to Figure 2.8 and look at the listing for Herbalife. a . How many shares could you buy for $20,000? (Round down your answer

Refer to Figure 2.8 and look at the listing for Herbalife. a. How many shares could you buy for $20,000? (Round down your answer to the nearest whole number.)

b. What would be your annual dividend income from those shares? (Round your answer to 2 decimal places.)

c. What must be Herbalife's earnings per share? (Round your answer to 2 decimal places.)

d. What was the firm's closing price on the day before the listing? (Round your answer to 2 decimal places.)

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LOW NAME SYMBOL CLOSE NET CHG Herbalife Nutrition HLF 57.94 -1.39 Herc Holdings HRI 26.86 -0.71 Heritage Insurance Holdings HRTG 14.57 -0.38 Hersha Hospitality Trust CIA HT 16.59-0.16 Hershey HSY 106.24 0.80 Hertz Global Holdings HTZ 13.27 -0.77 Hess Corp. HES 42.39 0.15 Hess Midstream Partners HESM 17.87 0.25 Hewlett Packard Enterprise HPE 13.18 -0.28 52 WK 52 WK YTD VOLUME HIGH DI YIELD P/E %CHG 1,149,773 60.41 34.16 1.20 2.07 47.75 -1.71 389,826 72.99 24.16 3.10 3.35 81,929 19.15 12.85 0.24 1.65 22.01 -1.02 732,879 24.16 16.50 1.12 6.75 ...dd -5.42 1,145,889 114.63 89.10 2.89 2.72 22.00 -0.88 2,965,201 25.14 13.01 2.24 -2.78 5,969,511 74.81 35.59 1.00 2.36 ...dd 4.67 47,899 24.51 16.17 1.43 8.00 14.60 5.24 11.756,695 19.48 12.09 0.45 3.41 11.46 -0.23 Figure 2.8 Listing of stocks traded on the New York Stock Exchange Source: WSJ Online, January 4, 2019

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