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

Author Question: Juanita is considering the purchase of 7 bonds. What is the annual interest for the bonds when the ... (Read 125 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 24, 2018
Juanita is considering the purchase of 7 bonds. What is the annual interest for the bonds when the settlement date is on the interest date? Face value of each bond: 525 Price per bond: 78.75 Interest rate: 8.35 Commission per 1,800 bond: 18
 A) 10.52
  B) 99.23
  C) 306.86
  D) 2,894.06

Question 2

A corporation has 120,000 shares of common stock. The corporation had total earnings of 700,000, of which 250,000 was distributed to its stockholders. What is the earnings per share?
 A) 0.36
  B) 0.48
  C) 2.08
  D) 2.80


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


debasdf

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

The stability of carbon bonds makes life possible even in extreme environments The stability of carbon bonds makes life possible even in extreme environments
Annual net primary productivity on Earth. Annual net primary productivity on Earth.
Breaking disulfide bonds in proteins Breaking disulfide bonds in proteins
Annual Water Use in the United States Annual Water Use in the United States
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
How to calculate simple interest (Part 3) How to calculate simple interest (Part 3)
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library