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 124 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?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Robert Smithson, Spiral Jetty, Great Salt Lake, Utah. Robert Smithson, Spiral Jetty, Great Salt Lake, Utah.
Time spent on, paid work and housework, by living arrangements of Canadian Time spent on, paid work and housework, by living arrangements of Canadian
Seven students have applied for merit scholarships. This year 3 merit scholarships were ... Seven students have applied for merit scholarships. This year 3 merit scholarships were ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: T cell receptors

For a complete list of videos, visit our video library