A stock is currently selling for $50 per share, representing a price increase of $10 for the year, and there are 2 million shares outstanding. The company recently reported net income of $2 million. The annual dividend per share is $1. What is the company’s P/E ratio?

Kenneth would like to save money to pay for his daughter’s college expenses. He estimates that he will need $[FV] over the next [years] years. How much will he need to invest at the end of each year for [years] years to achieve his savings goal if he can earn [rate]% per year on the investment and he makes end-of-year payments? Enter your answer as a dollar amount (no $ sign). Round to the nearest dollar.

A family of three has monthly expenses of $[expenses] and $[assets] saved in the bank.  If they should run into financial need (like the loss of a job), how long will they be able to survive if they do not change their lifestyle? Question: How many months can the family survive? Enter your answer in months, rounded to 1 decimal place.

A stock is currently selling for $70 per share, representing a price increase of $10 for the year, and there are 1 million shares outstanding. The company recently reported net income of $3 million. The annual dividend per share is $1. What is the company’s P/E ratio?

The following amounts were earned on Ethan’s portfolio last year: $250 interest income, $100 dividend income, $500 short-term capital gain, and $1,000 long-term capital gain. If Ethan is in the 32% tax bracket, what is the total amount he will pay in taxes on his investment earnings?

Which of the following statements is false regarding closed-end funds?

You own 100 shares of a mutual fund that you purchased two years ago for $33 per share. The shares are currently worth $36 each, and the fund has paid you a dividend of $2 per year.  What is your return on investment for the whole two-year period and your annualized return on investment?

Polly Khan wants to save for her son’s college education for when he enters college in [yrs] years. She wants to pay for his tuition at her alma mater, Arizona State University, where tuition currently costs $12,172 per year. Polly assumes tuition inflation will be [inflation]%. The 529 plan she started on her son, which currently has $[currsav],000 in it, has been averaging a return of [invrate]%. She will use that account to save for his schooling. With this information, you determined that she needs to have saved $[savingsgoal],000 by time her son starts college. Calculate the amount that Polly needs to save monthly to meet her goal (remember to include her current savings in your calculation). Round your final answer to two decimals.

The first step in the estate-planning process is to 

You have no money for a down payment but can afford $400 per month for a car payment. If the bank is willing to offer you 3.0% for a 36-month loan, what is the maximum loan can you afford?