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A good bit of relatively simple arithmetic is involved in some of these problems, and...

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Finance

A good bit of relatively simple arithmetic is involved in some of these problems, and although the calculations are simple, it will take students some time to set up the problem and do the arithmetic. We allow for
this when assigning problems for a timed test.
Also, students must use a number of definitions to answer some of the questions. To avoid excessive memorization, we provide students with a list of formulas and definitions for use on exams. Problems with * in
the topic line are nonalgorithmic.
values per share differ? (Round your intermediate and final answer to two decimal places.)
a. $9.38
b. $10.42
c. $12.92
d. $13.02
e. $12.71
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