Which of the following letter choices are correct?

A stock listing contains the following information: P/E 17.5, closing price 33.10, dividend .80, YTD% chg 3.4, and net chg - .50. Which of the following statements are correct given this information?

I. The stock price has increased by 3.4% during the current year.

II. The closing price on the previous trading day was $32.60.

III. The earnings per share are approximately $1.89.

IV. The current yield is 17.5%.

Select one:

a. I and II

b. I and III

c. II and III

d. III and IV

e. I, III, and IV

A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. What is the change in the price of this bond if the market yield rises to 6% from the current yield of 4.5%?

Select one:

a. 11.11% decrease

b. 12.38% decrease

c. 12.38% increase

d. 14.13% decrease

e. 14.13% increase

Which one of the following statements is correct?

Select one:

a. Book values should always be given precedence over market values.

b. Financial statements are frequently the basis used for performance evaluations.

c. Historical information has no value when predicting the future.

d. Potential lenders place little value on financial statement information.

e. Reviewing financial information over time has very limited value.