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A company issues 9% bonds with a par value of $170,000 at par on January 1. The market rate on the date of issuance was
A company issues 9% bonds with a par value of $170,000 at par on January 1. The market rate on the date of issuance was 8%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bondholder(s) is: Multiple Choice $0. $7,650. $13,600. $6,800. $15,300. Stocks that pay little or no cash dividends but are attractive to investors because of expected stock price increases are known as: Multiple Choice Income stocks. Small capital stocks. Large capital stocks. Growth stocks. Mid capital stocks. A company paid $0.95 in cash dividends per share. Its earnings per share is $2.95, and its market price per share is $28.25. Its dividend yield equals: Multiple Choice 32.2%. O O 3.1% O 10.4%. O 31.1% 3.4%
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