The following stock quotations were recently reported in The Wall Street Journal:
|
47.22
|
31.45
|
10.3
|
AT&T
|
T
|
3.6
|
21
|
39.43
|
0.26
|
|
97.15
|
72.63
|
0.1
|
Boeing
|
BA
|
1.6
|
31
|
88.91
|
-0.85
|
|
71.46
|
52.16
|
-8.7
|
JohnsJohns
|
JNJ
|
2.5
|
16
|
60.26
|
-0.08
|
a. What are the dividend yields on the common stock of AT&T, Boeing, and Johnson & Johnson?
b. What possible explanation can you give for the differences in the common stock dividend yields observed in part a?
c. What is the current price-earnings ratio for Boeing and Johnson & Johnson?
d. What possible explanation can you give for the differences in the price- earnings ratios observed in part c?
e. What was the previous day's closing price for AT&T's common stock?