Author Question: Helping Hand Industries paid a dividend of 0.40 per share last year. If yesterday's closing price ... (Read 132 times)

jerry coleman · **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