Assume DEF Corp. is trading at $50 with a P/E ratio of 12:1. If the company’s earnings per share (EPS) increase by 20% while the stock price remains unchanged, what will the new P/E ratio be?
A portfolio manager of an actively managed ETF in Canada decides to make changes to the fund's holdings. Considering the regulatory environment and the ETF structure, when is the manager most likely able to implement these changes?
Rachel buys a unit consisting of 1 bond and 10 warrants at a total cost of $1,200. After the warrants are exercised, she acquires 100 common shares. If the bond cost was $800, what is the adjusted cost base of each common share acquired through the exercise of the warrants?