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

Author Question: Roderick received a 100 savings bond for his graduation. The bond pays 100 at maturity, which is in ... (Read 122 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Roderick received a 100 savings bond for his graduation. The bond pays 100 at maturity, which is in five years. If the interest rate is 6, the bond has a present value of 90.09.
 
  Indicate whether the statement is true or false

Question 2

If a company pays a dividend of 2 to be received one year from now, dividends are expected to grow at a rate of 3 percent per year for the indefinite future, and the interest rate is 4 percent, the price of the company's stock should be ________ per
 
  share.
  A) 3.40 B) 28.57 C) 200.00 D) 340.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

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.

Reactions 1 through 4 are necessary for the formation of each peptide bond. Reactions 1 through 4 are necessary for the formation of each peptide bond.
Formation of a peptide bond by a condensation reaction. Formation of a peptide bond by a condensation reaction.
Medical assistants can quickly pull up a patient record when a phone call is received. Medical assistants can quickly pull up a patient record when a phone call is received.
A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ... A $50 000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on August ...
Formation of a peptide bond between two amino acids Formation of a peptide bond between two amino acids
Ionic Bond: Sodium Chloride Ionic Bond: Sodium Chloride
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library