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Author Question: A 1,900 bond at a 11.65 interest rate is purchased at 80 of face value. What is the rate of annual ... (Read 120 times)

big1devin

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on: Jun 24, 2018
A 1,900 bond at a 11.65 interest rate is purchased at 80 of face value. What is the rate of annual yield to the investor? Assume the bond is purchased on the interest date.
 A) 14
  B) 16
  C) 81
  D) 99

Question 2

Megan has 700 shares of a Building Finder's common stock. There are dividends of 320,000 to be distributed among its common stockholders. There are 65,000 shares of common stock outstanding. How much will Megan receive?
 A) 142.19
  B) 3,003
  C) 3,444
  D) 61,556


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leeeep

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

C


big1devin

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Reply #2 on: Jun 24, 2018
Correct answers!


leeeep

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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