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Author Question: Juanita is considering the purchase of 7 bonds. What is the annual interest for the bonds when the ... (Read 66 times)

debasdf

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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


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Ahnyah

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


debasdf

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

triiciiaa

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Reply 3 on: Yesterday
Excellent

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