Question
Jeffery Wei received a 6-year non-subsidized student loan of $31,000 at an annual interest rate of 5.9%. What are Jeffery's monthly loan payments for this
Jeffery Wei received a 6-year non-subsidized student loan of $31,000 at an annual interest rate of 5.9%. What are Jeffery's monthly loan payments for this loan after he graduates in 4 years? (Round your answer to the nearest cent.)
The Blackburn Computer Company has declared an annual dividend of $0.55 per share. The stock is trading at $40 per share. Find the dividend yield. (Round your answer to two decimal places.)
A bond has a $14,000 face value, an 8-year maturity, and a 3.1% coupon. Find the total of the interest payments paid to the bondholder.
A mutual fund has total assets of $35,000,000 and total liabilities of $5,000,000. There are 1,700,000 shares outstanding. Find the net asset value of the mutual fund. (Round your answer to the nearest cent.)
A mutual fund has total assets of $15 million and total liabilities of $3 million. There are 4 million shares outstanding. You invest $5000 in this fund. How many shares are you purchasing?
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