True False Questions – 25 x 2 points = 50 point total ...

9. The actual stock price is above $100. A = TRUE - PRICE IS $131.72. Suppose that AT&T inc. buys T-Mobile that basically leaves Sprint in the “dust.” As a result, the expected earnings stream of Sprint falls and is now expected to be $20,000, $20,000, and $20,000 respectively. The expected path of interest rates remain unchanged. ................
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