« previous next »

Author Question: You have 602.42 today. You want to accumulate 1,320 by investing your money. You have identified an ... (Read 578 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jul 10, 2018
You have 602.42 today. You want to accumulate 1,320 by investing your money. You have identified an investment that will generate a return of 4 per annum. How long will you have to invest (in years) in order to accumulate your desired total?
 
  A) 20 years
  B) 17 years
  C) 19 years
  D) 21 years
  E) 22 years

Question 2

Stock dividends
 
  A) decrease stock prices because no cash goes to shareholders but companies pay transactions
  costs.
  B) may increase stock prices if the dividend is used to maintain on optimal trading range for the
  common stock.
  C) may increase stock prices if investors perceive the dividend as containing favorable
  information about the firm's future prospects.
  D) Both B and C are true.


dajones82

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

An ECG strip showing a normal sinus rhythm with the P wave, QRS complex, and T wave identified. An ECG strip showing a normal sinus rhythm with the P wave, QRS complex, and T wave identified.
Cat Got Money Cat Got Money
Patent medicines contained a name brand that clearly identified the product and claimed to cure just ... Patent medicines contained a name brand that clearly identified the product and claimed to cure just ...
Some of the visual areas that have been identified in the human brain. Some of the visual areas that have been identified in the human brain.
Countries where malaria is prevalent today are located in the warm tropics and subtropics Countries where malaria is prevalent today are located in the warm tropics and subtropics
Genomic sequencing has identified hundreds of mutations in many classes of genes in both breast canc Genomic sequencing has identified hundreds of mutations in many classes of genes in both breast canc
Video: Introduction to Diabetes

For a complete list of videos, visit our video library