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You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the stock paid an annual dividend of

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You found the following stock quote for DRK Enterprises, Inc., at your favorite website. You also found that the stock paid an annual dividend of $.93, which resulted in a dividend yield of 1.9 percent. DAILY YTD Company DRK Enterprises Symbol DRK Vol 18,649,130 Close 7? Chg 26 %Chg 0.36% %Chg 8.73% a. What was the closing price for this stock yesterday? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) You purchase 2,500 bonds with a par value of $1,000 for $983 each. The bonds have a coupon rate of 9 percent paid semiannually and mature in 10 years. How much will you receive when the bonds mature? (Do not round intermediate calculations. Round your answers to the nearest whole number.)

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