A bank pays 6% interest per year, compounded quarterly.What is the effective annual rate?

b.6.00%

c.6.14%

d.6.23%

Jones bought stock for $5000, sold it for $6500, and received no dividends.His holding period return is

a.0%

c.30.00%

d.41.15%

A stock rises 2.5% in one week.What is the annualized return?

a.13%

b.25%

c.89%

d.130%

Which one of the following statements is true?

a.Sample variance is greater than population variance.

b.Sample variance is twice population variance.

c.Sample variance is the square root of population variance.

ABC Corp. earned $4.20/share last year and paid $1.20 in dividends on an average price of $50/share.The dividend yield on the stock was _______ and the payout ratio was _________.

a.2.4%; 29%

b.2.4%; 71%

c.$1.20/year; 29%

d.8.4%; $1.20/share