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Author Question: Great Fruit Inc paid a dividend of 5.10 per share last year. If yesterday's closing price was 42.38, ... (Read 83 times)

c0205847

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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


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EAN94

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


c0205847

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Reply #2 on: Jun 24, 2018
Correct answers!


EAN94

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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