- 14 7 You Have Collected The Following Information On A Number Of Firms Company Ticker Symbol P E Ratio Dividends Paid T 1 (269.02 KiB) Viewed 29 times
14.7 You have collected the following information on a number of firms:
Company Ticker Symbol P/E Ratio Dividends Paid to Preferred Shareholders ($) Common Share Dividend Yield TRE BAC PULP KEEN 32 7 22 15 Net Income ($) 32,000,000 120,000,000 45,000,000 425,000,000 Number of Common Shares Outstanding 10,000,000 5,000,000 15,000,000 100,000,000 Dividend per Common Share ($) 1.50 4.20 2.20 1.55 1.46% 3.00% 3.57% 2.83% 20,000,000 3,000,000 60,000,000 Required: Estimate the market price of a common share using the: (a) P/E ratio method fb) Dividend zield ratio method.