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Author Question: Helping Hand Industries paid a dividend of 0.40 per share last year. If yesterday's closing price ... (Read 139 times)

jerry coleman

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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


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Cnarkel

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

C

Answer to Question 2

B


jerry coleman

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

flexer1n1

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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