Problem

Turn to Figure 2.8 and look at the listing for General Dynamics.a.   How many shares could...

Turn to Figure 2.8 and look at the listing for General Dynamics.

a.   How many shares could you buy for $5,000?

b.   What would be your annual dividend income from those shares?

c.   What must be General Dynamics earnings per share?

d.    What was the firm’s closing price on the day before the listing?

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Solutions For Problems in Chapter 2