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Author Question: Light Fixtures Inc paid a dividend of 7.20 per share last year. If yesterday's closing price was ... (Read 143 times)

APUS57

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on: Jun 24, 2018
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


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fromAlphatoOmega22

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

A

Answer to Question 2

C


APUS57

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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