Question
please answer all questions and i will rate thumb up :) Bellamara Bhd has outstanding borrowings. One of these borrowings is nonconvertible preferred stock (cumulative)
please answer all questions and i will rate thumb up :)
Bellamara Bhd has outstanding borrowings. One of these borrowings is nonconvertible preferred stock (cumulative) with a par value of RM75 and an annual dividend rate of 8.25%. This preferred stock is currently selling for RM56.46 per share. What is the yield or return (r) on this preferred stock?
Select one:
a. 10.623%
b. 10.395%
c. 10.432%
d. 10.959%
You decide to borrow RM250,000 to build a new home. The bank charges an interest rate of 8% compounded monthly. If you pay back the loan over 30 years, what will your monthly payments be (rounded to the nearest RM)?
Select one:
a. RM1,237.
b. RM1,834
c. RM1,123.
d. RM1,687
You just invested RM50,000 into an account that earns 7 percent compounded annually. At the end of each year you can withdraw RM4,971. How many years can you continue to make the withdrawals?
Select one:
a. 18 years.
b. 11 years.
c. 10 years.
d. 28 years.
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