Author Question: Given the following stock quotation, find the yield percent. Chevron Corp CVX 73.89 75.04 72.93 ... (Read 123 times)

fbq8i

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Given the following stock quotation, find the yield percent. Chevron Corp CVX 73.89 75.04 72.93 74.93 1.60 2.18 8,755,631 83.41 66.83 2.88 3.84 9 2.68
 A) 2.88
  B) 9
  C) 3.84
  D) 8.75

Question 2

Toby signed a simple discount promissory note for 20,000. The discount rate is 8.5, and the term of the note is 90 days. What are Todd's proceeds on the loan?
 A) 19,200
  B) 16,000
  C) 19,600
  D) 19,575



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Answer to Question 1

C

Answer to Question 2

D



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