A perpetuity pays $85 per year and costs $950. What is the rate of return?
A. 8.95%
B. 9.39%
C. 9.86%
D. 10.36%
E. 10.88%
Answer: A
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Which one of the following items below would not affect the investor's income for the period?
A) interest received on a temporary investment in bonds B) dividends received on a long-term investment in stock where the investor owns 10% of the investee's stock C) dividends received on a long-term investment in stock where the investor owns 30% of the investee's stock D) interest received on a long-term investment in bonds
Research supports that there are many potential benefits of an ethical organization, including that there is a strong and consistent relationship between ethical performance and measures of financial performance.
Answer the following statement true (T) or false (F)
Ted Tech Inc. is offering a 10% stock dividend. The firm currently has 200,000 shares outstanding and after-tax
profits of $800,000. The current price of the stock is $48. a. Calculate the new earnings per share. b. What is the original price/earnings multiple? c. Providing that the price/earnings multiple stays the same, what will the new stock price be after the stock dividend?
A random sample of 144 observations has a mean of 20, a median of 21, and a mode of 22 . The population standard deviation is known to equal 4.8 . The 95.44% confidence interval for the population mean is _____
a. 15.2 to 24.8 b. 19.2 to 20.8 c. 19.216 to 20.784 d. 21.2 to 22.8