« previous next »

Author Question: Cornware Distributing paid a dividend of 0.08, 0.21, 0.11 and 0.17 per share respectively last year. ... (Read 190 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 24, 2018
Cornware Distributing paid a dividend of 0.08, 0.21, 0.11 and 0.17 per share respectively last year. If yesterday's closing price was 35.40, what is the current yield on the stock? (Round to the nearest tenth)
 A) 3.4
  B) 1.6
  C) 4.5
  D) 5.2

Question 2

You sign a simple discount promissory note for 7,000 at a discount rate of 5, for 30 months. What are the proceeds?
 A) 6,125
  B) 7,875
  C) 875
  D) 3,500


johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

A 5,000-year-old Egyptian garment A 5,000-year-old Egyptian garment
Identical twins share 100 percent of their segregating genes. Identical twins share 100 percent of their segregating genes.
W-2 form issued to employees at the end of the year. W-2 form issued to employees at the end of the year.
The year 2010 was the hottest since 1880 The year 2010 was the hottest since 1880
Foods for Baby’s First Year Foods for Baby’s First Year
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library