bonds will offer the highest yields. 40. Other factors being equal, a) BBB, Treasury b) AAA-rated corporate e) AA-rated corporate d) A-rated corporate EXTRA CREDITS The following questions refer to the table below. than and Arelis are considering buving stock They would like to purchase 500 shares of Bank of America Corp, BAC, stock at $26.40 a share. Rank of America Com BAC had the following figures for the past year. Annual earnings Shares of stock $10,700,000 12.800 Corporate assets Corporate liabilities $2,281,234 Cash dividends (annual) $ 2,014,088 Market price of stock $ 5,700 Growth rate S 26.40 4 percent 41. Refer to Figure 14-2. What is the dividend payout ratio for Bank of America Corp, BAC,? a) 5.32 b) 4.45 c) 0.445 d) 0.000532 42. What is Bank of America Corp, BAC's dividend per share? a) 5.32 b) 4.45 c) 0.445 d) 0.000532 43. What is Bank of America Corp, BAC,'s dividend yield? a) 1.4% b) 1.6% c) 1.7% 3.0% 44. What is Bank of America Corp, BAC's Earning per Share ratio? a) S0.20 b) $178.22 c) $835.93 d) $1877.19 45. What is Bank of America Corp, BAC's P/E ratio? a) 0.00206 b) 2.640 c) 3.15 d) 0.0315 GOOD LUCK