Problem 8-14 P/E Ratio and Stock Price (LG8-7) JP Morgan Chase Co. (JPM) has earnings per share of $3.31 and a P/E ratio of 11.22. What is the price of the stock? (Round your answer to 2 decimal places.)

Problem 8-1 Stock Index Performance (LG8-3) On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 13,164.53, which was up 105.60 that day. What was the return (in percent) of the stock market that day? (Round your answer to 2 decimal places.) Return of stock market %

5 02:54:31 Following is information on the price per share and the dividend for a sample of 30 companies. Price per Share Dividend Company $ 20.10 $ 3.14 2 22.11 3.36 39 eBook 40 78.01 80.10 17.65 17.36 picture Click here for the Excel Data File a. Calculate the regression equation that predicts price per share based on the annual dividend. (Round your answers to 4 decimal places.) Price = dividend b-1. State the null and alternate hypotheses.

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The following table contains data on market advances and declines. Day 1 2 3 4 5 6 7 8 9 10 Market Advances and Declines Advances Declines (in millions) (in millions) 715 990 793 972 Trin statistic 910 661 723 505 501 971 1,006 907 854 770 Required: a. If the trading volume in advancing shares on day 1 was 1.5 billion shares, while the volume in declining issues was 1.2 billion shares, what was the trin statistic for that day? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Bullish O Bearish b. Was trin bullish or bearish? 1,096 704 615 724 736 770

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