Question
Match each problem with its correct answer. - 1- At the beginning of the year, you purchased a share of stock for $53, Over the
Match each problem with its correct answer. -
1- At the beginning of the year, you purchased a share of stock for $53, Over the year the dividends paid on the stock were $2.55 per share, Calculate the return if the price of the stock at the end of the year is $58.
2- What is the bond equivalent yield on a $3 million commercial paper issue that currently sells at 98.00 percent of its face value and is 144 days from maturity
3- What is the discount yield on a $3 million commercial paper issue that currently sells at 98.00 percent of its face value and is 144 days from maturity
A. 5.00%
B. 14.25%
C. 6.17%
D. 5.17%
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