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Author Question: Roderick received a 100 savings bond for his graduation. The bond pays 100 at maturity, which is in ... (Read 83 times)

anjilletteb

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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


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chreslie

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


anjilletteb

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Reply 2 on: Jun 29, 2018
Excellent

mcarey591

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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