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

Author Question: Helping Hand Industries paid a dividend of 0.40 per share last year. If yesterday's closing price ... (Read 74 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
Helping Hand Industries paid a dividend of 0.40 per share last year. If yesterday's closing price was 19.05, what is the current yield on the stock? (Round to nearest tenth)
 A) 17.2
  B) 6.3
  C) 2.1
  D) 1.6

Question 2

If you sign a discount note for 2,500 at a bank discount rate of 7, for 3 months, what is the effective interest rate? (Round to the nearest tenth percent)
 A) 7.0
  B) 7.1
  C) 7.3
  D) 7.5


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

B


jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
Wow, this really help

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

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.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
A 5,000-year-old Egyptian garment A 5,000-year-old Egyptian garment
Surgical Hand Hygiene/Sterile Scrub Surgical Hand Hygiene/Sterile Scrub
New year kid drawing New year kid drawing
Video: Ciliate conjugation Animation

For a complete list of videos, visit our video library