Author Question: Young Sook owns stock in a company which has consistently paid a growing dividend over the last 10 ... (Read 97 times)

V@ndy87 · **on:** Jul 10, 2018

Young Sook owns stock in a company which has consistently paid a growing dividend over the last 10 years. The first year Young Sook owned the stock, she received 4.50 per share and in the 10th year, she received 4.92 per share.

What is the growth rate of the dividends over last 10 years?
A) 5 percent
B) 4 percent
C) 2 percent
D) 1 percent
E) 3 percent

Question 2

Amortization tables are common and can be used for all but which of the following?

A) Car loans
B) Mortgage loans
C) Consumer product loans
D) Amortization tables may be used for all of the above.