This topic contains a solution. Click here to go to the answer

Author Question: You have 253.05 today. A friend wants to borrow that money from you and pay you back 310 at the end ... (Read 3857 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
You have 253.05 today. A friend wants to borrow that money from you and pay you back 310 at the end of 3 years. What rate of return (per annum) will you earn from the loan?
 
  A) 7.0
  B) 7.2
  C) 6.8
  D) 7.4
  E) 7.6

Question 2

LaMike owns 1,000 shares of DAS, Inc.'s common stock. The stock has a par value of 1 per share
  and is currently selling for 80 per share. DAS declares a 20 stock dividend. In a perfect capital
  market, after the dividend Sam will have
 
  A) 1,200 shares selling for 66.67 each. B) 1,200 shares selling for 96.00 each.
  C) 1,020 shares selling for 80.80 each. D) 1,020 shares selling for 64.00 each.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library