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13. The Revreg Corporation pays an annual dividend of $1.60 per share. On Friday it closed at $44 per share with a net change of

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13. The Revreg Corporation pays an annual dividend of $1.60 per share. On Friday it closed at $44 per share with a net change of +0.35. The dividend did not change. a. What was the yield on Friday? b. At what price did Revreg close on Thursday? c. What was the yield at Thursday's close? d. Thursday's net change was +1.22. At what price did Reverg close on Wednesday? 15. Sascha owns stock in Lewis Corp and she bought a $1,000 corporate bond. The bond pays 6.34% annual interest. a. How much will Sascha receive in annual interest? b. How much will Sascha receive in interest if she holds the bond for 14 years? c. Sascha's stock is worth $46 per share, and it pays a $2 annual dividend. What is the yield? d. Which is higher, the yield on the stock or the interest rate on the bond? e. How much does Lewis Corp. pay to Sascha when the bond matures? Stanl. TTT

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