This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Saunders and Flimsy Partnership paid dividends of 0.27 and 0.15 per share last year. If yesterday's ... (Read 132 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

B


Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period
Top Eleven Countries in Year 2009 According to Three Different Measures Top Eleven Countries in Year 2009 According to Three Different Measures
Video: Inflammatory response Animation

For a complete list of videos, visit our video library