This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Great Fruit Inc paid a dividend of 5.10 per share last year. If yesterday's closing price was 42.38, ... (Read 107 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jun 24, 2018
Great Fruit Inc paid a dividend of 5.10 per share last year. If yesterday's closing price was 42.38, what is the current yield on the stock? (Round to nearest tenth)
 A) 1.2
  B) 12.0
  C) 7.2
  D) 6.3

Question 2

What is the effective interest rate of a simple discount note for 3,500 at a bank discount rate of 11, for 24 months? (Round to the nearest tenth percent)
 A) 11.0
  B) 22.0
  C) 28.2
  D) 14.1


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

EAN94

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


c0205847

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: Jun 24, 2018
Correct answers!


EAN94

  • Sr. Member
  • ****
  • Posts: 307
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Share of Hours Worked by Education Level, 1940–2008 Share of Hours Worked by Education Level, 1940–2008
The capsule of the fruit of the jimson weed, Datura stramonium The capsule of the fruit of the jimson weed, Datura stramonium
Kindergarten school year book Kindergarten school year book
Video: Bone Healing Animation

For a complete list of videos, visit our video library