In: Finance
You would like to buy shares of a particular company. The current bid quote is $30.50 and the current ask quote is $30.75. If the stock trade fee is $10 per trade, then you would need $3,085 to buy 100 shares. True or False
If the average PE ratio for the electrical utility industry is 21.5 and earnings per share for Midwest Energy is $2.34, then the current price of Blazer's stock is more than $50.68 but less than $50.94 True or False
If the current price of a stock is $50 per share, next year's dividend is expected to be $2.10 per share and dividends are expected to grow 3.5 percent per year then the required return is more than 7.85 percent. True or False