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 72 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!


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

For a complete list of videos, visit our video library