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Buying stock with commission AT your discount brokerage firm, it costs $10.05 pe

ID: 2641290 • Letter: B

Question




Buying stock with commission AT your discount brokerage firm, it costs $10.05 per stock trade. How much money do you need to buy 500 shares Ralph lauren(RL), which trades at $85.27? Value of a preferred stock if a preferred stock from plizer inc. (PFE) pays $19.00 in annual dividends, and the required return on the produced stock is 8.00 percent, what?s the value of the stock? P/E ratio and stock price international business machines(IBM) has earnings per share of $7.30 and a P/E ratio of 15.28. What is the stock price?

Explanation / Answer

Cost 1 500 Shares 85.27+10.65 = $    95.92 = $ 47,960.00 2 Annual Divdend $            19.00 Required rate 8% Value of stock $          237.50 3 EPS $               7.30 P/E ratio 15.28 Stock Price $          111.54