Author Question: Saunders and Flimsy Partnership paid dividends of 0.27 and 0.15 per share last year. If yesterday's ... (Read 120 times)

Chelseaamend · **on:** Jun 24, 2018

Saunders and Flimsy Partnership paid dividends of 0.27 and 0.15 per share last year. If yesterday's closing price was 12.27, what is the current yield on the stock? (Round to the nearest tenth)
A) 3.4
B) 2.6
C) 18.6
D) 2.9

Question 2

What are the proceeds of a note for 5,500 at a discount rate of 8, for 30 months?
A) 1,100
B) 4,400
C) 6,600
D) 7,700