This topic contains a solution. Click here to go to the answer

Author Question: Light Fixtures Inc paid a dividend of 7.20 per share last year. If yesterday's closing price was ... (Read 147 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
Light Fixtures Inc paid a dividend of 7.20 per share last year. If yesterday's closing price was 88.24, what is the current yield on the stock? (Round to nearest tenth)
 A) 8.2
  B) 11.0
  C) 5.2
  D) 2.3

Question 2

Israel signed a simple discount promissory note for 15,000. The discount rate is 7.5, and the term of the note is 120 days. What are Israel's proceeds on the loan?
 A) 15,000
  B) 16,000
  C) 14,625
  D) 19,575



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

A

Answer to Question 2

C




APUS57

  • Member
  • Posts: 571
Reply 2 on: Jun 24, 2018
Wow, this really help


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

For a complete list of videos, visit our video library