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 178 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?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Distribution of the African great apes. Distribution of the African great apes.
Fraternal twins share about 50 percent of their segregating genes. Fraternal twins share about 50 percent of their segregating genes.
Sample Checklist of Opening and Closing Duties Sample Checklist of Opening and Closing Duties
Allows access to the nut that has a stud plus other locations needing great depth, such as spark ... Allows access to the nut that has a stud plus other locations needing great depth, such as spark ...
Dried Apricots Fruit Dried Apricots Fruit
What's the Difference Between England, Great Britain, and United Kingdom? What's the Difference Between England, Great Britain, and United Kingdom?
Video: Wound Cultures

For a complete list of videos, visit our video library