The Closing Share Price Is Quoted at 22

question 96

Multiple Choice

The closing share price is quoted at 22.87,with a P/E of 26 and a net change of 1.42.Based on this information,which one of the following statements is correct?

• A)The closing price on the previous day was €1.42 higher than today's closing price.
• B)A dealer will buy the share at €22.87 and sell it at €26.
• C)The share price increased in value between yesterday's close and today's close by €.0142.
• D)The earnings per share are equal to 1/26^th of €22.87.
• E)The earnings per share have increased by €1.42 this year.

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Definitions:

Fair Value

A measurement of the price at which an asset would be bought or sold in a current market transaction.

Ethical Dilemma

A situation in which a person is faced with multiple choices and the decision involves a conflict of ethical values.

Alternatives

Different options or choices available to decision-makers.

Ethical Situation

A scenario or decision-making process that involves determining the right course of action in situations where moral considerations are relevant.