The total amount of interest for one year calculated annually on a $18,000 promissory note payable for 3 years at 11% is:
A) $1,980.
B) $5,940.
C) $3,960.
D) $990.
A
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Castle, Inc paid a dividend yesterday of $2 per share. Castle management expects the dividend to
increase next year to $3 annually. If the dividend is expected to stay at $3 per year for the foreseeable future, what is the value of the stock to an investor with a required rate of return of 10%? A) $32.00 B) $50.00 C) $7.50 D) $30.00
The consumer products are usually classified is based on:
A. how the market is segmented B. the way the products are manufactured C. the way products are used D. the physical attributes of the product E. the amount of effort consumers spend to acquire the product
Which of the following is the most critical step in the decision-making process?
a. Evaluation of the results b. Identification of alternative solutions c. Development of a problem statement d. Implementation of a decision
Security A has a higher standard deviation of returns than security B. We would expect that:
I. Security A would have a higher risk premium than security B. II. The likely range of returns for security A in any given year would be higher than the likely range of returns for security B. III. The Sharpe ratio of A will be higher than the Sharpe ratio of B. A. I only B. I and II only C. II and III only D. I, II, and III