This topic contains a solution. Click here to go to the answer

Author Question: Most bonds issued in the United States have ________ coupon payments and ________ face values. A) ... (Read 36 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
Most bonds issued in the United States have ________ coupon payments and ________ face values.
 
  A) annual; 1,000
  B) annual; 500
  C) semi-annual; 1,000
  D) semi-annual; 500

Question 2

Legacy Industries Inc. has a historic P/E multiple of 15, a current EPS of 2.50 projected to grow by 4 in the coming year, and a forward looking P/E multiple of 18. With this information please estimate the current price of the firm's stock.
 
  A) 37.50
  B) 46.80
  C) 39.00
  D) 48.20



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

C

Answer to Question 2

B
Explanation: B) P = D1  multiple = 2.50  (1.04 )  18 = 46.80.




gonzo233

  • Member
  • Posts: 557
Reply 2 on: Jul 11, 2018
Gracias!


essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library