What Is the Market Price of a Share of Stock

question 90

Multiple Choice

What is the market price of a share of stock for a firm that pays dividends of $1.20 per share, has a P/E of 14, and pays its shareholders dividends equal to 40% of earnings?

• A)$16.80
• B)$42
• C)$3
• D)$28

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Definitions:

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The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, published by the American Psychiatric Association, which outlines criteria for diagnosing mental disorders.

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An eating disorder characterized by an obsessive fear of gaining weight, leading to a refusal to eat enough food and, consequently, severe weight loss.