# Stock Valuations

Anonymous

Question description

1. June 4, Dow Jones Industrial Avg closed at 13, 598.14, up 148.86 points from previous day’s close of 13, 449.28.  Calculate the return, in % to four decimal places of stock market for June 4.

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2. The cost per stock at brokerage firm is \$0.10.  Calculate how much money you would need to buy 150 shares of HiTech, Inc, which trades at \$18.22

3.  HiTech, Inc.'s growth for the future is forecasted to be a constant 10 percent. HiTech's next dividend is expected to be \$1.18. Calculate the value of HiTech stock when the required return is 12 percent.

4..  Preferred stock from HiTech, Inc. pays \$1.20 in annual dividend. Calculate the value of the stock if the required return on the preferred stock is 4.5 percent.

5.  HiTech, Inc. has earnings per share of \$1.82 and a P/E ratio of 31.54. Calculate the stock price.

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