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MINDTAP Blueprint Problems Ch 11 Billingsley Attempts Keep the Highest: 11 9. Re

ID: 2812649 • Letter: M

Question

MINDTAP Blueprint Problems Ch 11 Billingsley Attempts Keep the Highest: 11 9. Reading and analyaing stock quotes A AaE Interpreting Stock Market Data The Wal Street Journal is an excellent source of financial data for investors. The felowing table displays a portion of the stock quotations for stocks Isted on the New York Stock Exchange (NYSE). Use the information in the table to answer the questions that follow. Listed Stock Quotes Ticker Div. Yield P/E Ratio Last Price.. Net Change". 2-20 2.80 0.63 m%. High Low Company 538 336.58 218.77 TStarTS2.6 2.02 8.95 64.69 MarkMin MM 7.55 9.145.98 MartRedBiro MRS 280.48 80.85 7.03 "Year-to-date percentage change in stock price *Last price for the day "Net change in price from previous day Of the three stocks listed, a retiree who lives partially off of investment income would be best oft holding because of its You can calcoulate thet MarkMin had per-share earnings for the most recent 12-month period of F you had purchased 100 shares of TStar stock yesterday at the last price of the day, you would have of you sold all 100 shares at the last price today. Continue without saving MacBook

Explanation / Answer

MarlRedBiro because of its high dividend yield

MarkMin had per-share earnings of P/(P/E)=80.86/33=2.450303

If you had purchase 100 shares of Tstar, you would have made a gain of 100*2.20=220 if you sold