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Author Question: Cornware Distributing paid a dividend of 0.08, 0.21, 0.11 and 0.17 per share respectively last year. ... (Read 177 times)

itsmyluck

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  • Posts: 546
on: Jun 24, 2018
Cornware Distributing paid a dividend of 0.08, 0.21, 0.11 and 0.17 per share respectively last year. If yesterday's closing price was 35.40, what is the current yield on the stock? (Round to the nearest tenth)
 A) 3.4
  B) 1.6
  C) 4.5
  D) 5.2

Question 2

You sign a simple discount promissory note for 7,000 at a discount rate of 5, for 30 months. What are the proceeds?
 A) 6,125
  B) 7,875
  C) 875
  D) 3,500


johnpizzaz

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  • Posts: 345
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


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