The following table lists the closing stock prices for three financial firms-Morgan Stanley, Citigroup Inc. and PNC

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The following table lists the closing stock prices for three financial firms-Morgan Stanley, Citigroup Inc. and PNC Bank-for Friday, June 19, 2015. The table also includes the most recent dividends paid to shareholders by these firms.
Morgan Stanley Citigroup Inc. PNC Stock symbol MS PNC $56.23 Closing price $39.37 $97.13 Latest dividend $0.15 $0.05 $0.

Fill in the blank cells in the table by computing (a) the value of 100 shares of each company's stock, (b) total dividend payments for 100 shares of stock, and (c) assuming that each company's stock price increases by 5 percent, the new stock prices, the value of shares, and the increase in the value of each company's stock (capital gains). How will the price increases affect the total amount of dividends paid for each company's stock?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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