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Today is 21 May (Thur), and following is the real-time quotation of Stock A listed on HKEX. LOT SIZE: 500 OPEN: $3.22 BID: $3.38 ASK:

Today is 21 May (Thur), and following is the real-time quotation of Stock A listed on HKEX.

LOT SIZE: 500

OPEN: $3.22

BID: $3.38

ASK: $3.40

LAST: $3.39

CHG: -$0.14

EPS: $0.25

MKT CAP: 22.3 b

(a) What was the closing price of Stock A on the previous trading day?

(b) Based on the latest transaction price, compute the P/E of Stock A.

(c) If you want to purchase Stock A immediately, what is the price that you should set in your buy order?

(d) After your purchase in (c), when will you become the legal owner of Stock A?

(e) Company A just announced a 1-for-2 rights issue at 35% discount of its latest transaction price. Suppose you hold 6 lots of Stock A. If you want to exercise your rights entitlement in full, how much money do you need (excluding all transaction fees)?

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