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

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 157 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

C


big1devin

  • Hero Member
  • *****
  • Posts: 583
Reply #2 on: Jun 24, 2018
Correct answers!


leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Political parties vs interest groups Political parties vs interest groups
A) Butterfly-shaped lupus rash. Lupus is the Latin word for wolf; the face rash was thought to look ... A) Butterfly-shaped lupus rash. Lupus is the Latin word for wolf; the face rash was thought to look ...
Use a full hand/flat of fingers to apply L stroke to face, below the eye and to the edge of the ... Use a full hand/flat of fingers to apply L stroke to face, below the eye and to the edge of the ...
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ... Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he ...
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library