Essay
A company releases the following information:
Number of shares (in thousands) = 7500
Dividend = $0.12
Dividend yield = 0.7%
Profit (in thousands) = $1500
a.Calculate the share price
b.Calculate the market value of the firm (the total value of the firm's stock)
c.Calculate Earnings per share and the P/E ratio
d.Is this company expensive relative to its earnings?
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