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 37 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
:D TYSM


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library