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 73 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?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Bird carved from soapstone, Great Zimbabwe, Zimbabwe. Bird carved from soapstone, Great Zimbabwe, Zimbabwe.
Great Britain Production of Glass 1800s Great Britain Production of Glass 1800s
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 ...
People who share genes will often have similar body weights People who share genes will often have similar body weights
The average weight gain between Thanksgiving and New Year's Day is about a pound The average weight gain between Thanksgiving and New Year's Day is about a pound
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Cellular Defects - Osteoblasts, Osteoclasts and Osteocytes

For a complete list of videos, visit our video library