The Haley Corporation has just announced year-end results as follows: Value of company assets $12,500,000 Value of

Question:

The Haley has just announced year-end results as follows:
Value of company assets …………………………………$12,500,000
Value of company liabilities …………………………….. $6,500,000
Net income ………………………………………………. $1,600,000
Common stock dividends ………………………………..$250,000
Preferred stock dividends ………………………………..$400,000
Number of shares of outstanding ……….. 1,000,000
Closing price of Haley Corporation's stock …………… $45.00 per share
a. Calculate the book value per share.
b. Calculate earnings per share.
c. Calculate Haley Corporation's yield.
d. Calculate the market-to-book ratio. Common Stock
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