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

Author Question: Tabitha is considering the purchase of 25 bonds. What is the annual interest for the bonds when the ... (Read 69 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
on: Jun 24, 2018
Tabitha is considering the purchase of 25 bonds. What is the annual interest for the bonds when the settlement date is on the interest date? Face value of each bond: 900 Price per bond: 68.15 Interest rate: 10.65 Commission per 1,000 bond: 10

Question 2

Tony has 325 shares of a computer manufacturer's common stock. There are dividends of 1,500,000 to be distributed among its common stockholders. There are 575,000 shares of common stock outstanding. How much will Tony receive?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 24, 2018
Answer to Question 1

2,396.25;
25  900  0.1065 = 2,396.25

Answer to Question 2

848.25;
1,500,000  575,000 = 2.61
325  2.61 = 848.25


humphriesbr@me.com

  • Member
  • Posts: 550
Reply 2 on: Jun 24, 2018
Excellent

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Often one of the strongest family bonds is that of mother–daughter. The young artist, an eleventh ... Often one of the strongest family bonds is that of mother–daughter. The young artist, an eleventh ...
Daily and Annual Temperature Patterns Daily and Annual Temperature Patterns
How to calculate simple interest (Part 5; r = I/Pt) How to calculate simple interest (Part 5; r = I/Pt)
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
Video: Muscle cell structures - actin, myosin and titin filaments

For a complete list of videos, visit our video library