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

Author Question: Roderick received a 100 savings bond for his graduation. The bond pays 100 at maturity, which is in ... (Read 120 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Roderick received a 100 savings bond for his graduation. The bond pays 100 at maturity, which is in five years. If the interest rate is 6, the bond has a present value of 90.09.
 
  Indicate whether the statement is true or false

Question 2

If a company pays a dividend of 2 to be received one year from now, dividends are expected to grow at a rate of 3 percent per year for the indefinite future, and the interest rate is 4 percent, the price of the company's stock should be ________ per
 
  share.
  A) 3.40 B) 28.57 C) 200.00 D) 340.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Excellent

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Trans and cis isomers of a peptide bond involving the imino nitrogen of proline Trans and cis isomers of a peptide bond involving the imino nitrogen of proline
Electron sharing in covalent bond Electron sharing in covalent bond
A peptide bond configurations, trans and cis (rotation around the CCO-N bond) A peptide bond configurations, trans and cis (rotation around the CCO-N bond)
What atomic or hybrid orbital on P make up the sigma bond between P and Cl in phosphorous ... What atomic or hybrid orbital on P make up the sigma bond between P and Cl in phosphorous ...
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ... AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
Peptide bond formation between two amino acids, resulting from a dehydration reaction Peptide bond formation between two amino acids, resulting from a dehydration reaction
Video: Inflammation and Fever

For a complete list of videos, visit our video library