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You would like to buy shares of a particular company. Thecurrent bid quote is $30.50 and the current ask quote is $30.75. Ifthe stock trade fee is $10 per trade, then you would need $3,085 tobuy 100 shares. True or FalseIf the average PE ratio for the electrical utility industry is21.5 and earnings per share for Midwest Energy is $2.34, then thecurrent price of Blazer's stock is more than $50.68 but less than$50.94 True or FalseIf the current price of a stock is $50 per share, next year'sdividend is expected to be $2.10 per share and dividends areexpected to grow 3.5 percent per year then the required return ismore than 7.85 percent. True or False
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