If you purchased a new copy of this text, you will have received a pass code card with access information for S & P's Educational Version of Market Insight. Access to this site is required to answer the following questions.

1		Go to www.mcgrawhill.ca/edumarketinsight. Select companiesfrom five different industry subgroups. For each company calculate the market value pershare, the book value per share, and the ratio of price to book, as we did in Table 6.2. Also,get the industry average for each company, found in "Financial Highlights." Which companiesand industries have the highest price-to-book ratios? Which have the lowest? Tryto explain any patterns that you see.
2		Go to www.mcgrawhill.ca/edumarketinsight. From the Company Profile and Financial Highlights reports for H.J.Heinz (HNZ) and BCE (BCE) at www.mcgrawhill.ca/edumarketinsight, find their currentdividends, the five-year dividend growth rates and the current share prices. Forecasteach stock's next year's dividend with this information. Estimate each stock's currentrequired rates of return using the constant dividend growth stock valuation model.