If the company repurchases 1 million shares at the prevailing market price, the resulting book value per share will be closest to:
An analyst gathered the following information about a company:
Number of shares outstanding 10 million
Earnings per share $2.00
P/E 20
Book value per share $30
A. $26.
B. $27.
C. $29.
Ans: C. $29.
Business
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The price of a European call option on a stock with a strike price of $50 is $6 . The stock price is $51, the continuously compounded risk-free rate (all maturities) is 6% and the time to maturity is one year
A dividend of $1 is expected in six months. What is the price of a one-year European put option on the stock with a strike price of $50? A. $8.97 B. $6.97 C. $3.06 D. $1.12
Business
A characteristic that describes customer loyalty to a site that eventually results in higher revenue best defines
A) retention. B) acquisition. C) stickiness. D) attachment.
Business