Assume $1.19 EPS. Calculate the yield percent (round to the nearest tenth percent). \[\begin{array} { | c | c | c | c | c | c | c | c | c | } \hline { \text { 52 Weeks } } & \begin{array} { c } \text { Stock } \\ \text { (Sym) } \end{array} & \text { DIV } & \begin{array} { c } \text { YLD } \\ \% \end{array} & \text { PE } & \begin{array} { c } \text { Volume } \\ ( 100 \text { 's } ) \end{array} & \text { Close } & \begin{array} { c } \text { Net } \\ \text { Change } \end{array} \\ \hline \text { HI } \mid \text { LO } & & & & & & & \\ \hline 34 \mid 21.56 & \text { Kellogg K } & 1.01 & & ? & 10103 & 32.13 & - 0.07 \\ \hline \end{array}\]

The answer of Assume $1.19 EPS. Calculate the yield percent...

Assume the company earns $.70 per share. What was the lowest price at which stock traded for the year? \[\begin{array} { | c | c | c | c | c | c | c | c | c | } \hline { 52 \text { Weeks } } & \begin{array} { c } \text { Stock } \\ \text { (Sym) } \end{array} & \text { DIV } & \begin{array} { c } \text { YLD } \\ \% \end{array} & \text { PE } & \begin{array} { c } \text { Volume } \\ \left( 100 ^ { \prime } \text { s } \right) \end{array} & \text { Close } & \begin{array} { c } \text { Net } \\ \text { Change } \end{array} \\ \hline \text { HI } \mid \text { LO } & & & & & & & \\ \hline 13.57 \mid 8.38 & \text { Shoreline HLT } & .08 & & ? & 13411 & 11.19 & - 0.25 \\ \hline \end{array}\]

The answer of Assume the company earns $.70 per share....

Is the below bond trading at a premium or a discount? \[\begin{array} { | l | l | l | l | l | } \hline \text { Bond } & \text { Current Yield } & \text { Vol } & \text { Close } & \text { Net Change } \\ \hline \text { NDon }7\frac {\text { 1}} { \text {2 } }\quad23 & & 12 & 67.50 & - 8 \\ \hline \end{array}\]

The answer of Is the below bond trading at a...

Calculate the current yield of this bond: \[\begin{array} { | l | l | l | l | l | } \hline \text { Bond } & \text { Current Yield } & \text { Vol } & \text { Close } & \text { Net Change } \\ \hline \text { Action 11 \quad22 } & ? & 10 & 102 & + 1.25 \\ \hline \end{array}\]

The answer of Calculate the current yield of this bond: ...

Exam 21: Stocks, Bonds, and Mutual Funds

In April, Sandi sold 1,600 shares of Federal Express at $105.00 per share. In May, the stock reached a low during the Great Recession and was selling for $32.00 per share. Sandi used the proceeds from the sale and repurchased Federal Express at $32.00 per share in May. What is the value of Sandi's stock holdings in Federal Express if the shares are selling for $91.00 today?

(Multiple Choice)

4.7/5

(92)

Question 61

Linda Summers bought four bonds of AMT Co. 11 3/4 18 at 85 and five bonds of RT Co. 14 S 17 for 91. If the commission on the bonds is $2.50 per bond, what was the total cost of all the purchases?

(Short Answer)

4.8/5

(78)

Question 62

The price-earnings ratio is calculated by the closing price per share of stock divided by:

(Multiple Choice)

4.9/5

(97)

Question 63

A mutual fund is an investment company that buys stocks and bonds and then sells shares in those securities to the public.

(True/False)

4.9/5

(78)

Question 64

Assume $1.19 EPS. Calculate the yield percent (round to the nearest tenth percent). 52 Weeks Stock (Sym) DIV YLD \% PE Volume (100 's ) Close Net Change HI \mid LO 34\mid21.56 Kellogg K 1.01 ? 10103 32.13 -0.07

(Short Answer)

4.8/5

(78)

Question 65

Ace Corporation pays its cumulative preferred stock $1.95 per share. There are 40,000 shares of preferred and 80,000 shares of common. In 2016, 2017, and 2018, because of slowdowns in the economy, Ace paid no dividends. Now, in 2019, the board of directors has decided to pay out $600,000 in dividends. The common stockholders receive:

(Multiple Choice)

4.8/5

(71)

Question 66

Ron bought one bond of Bee Company for 82.25. The original bond was 6 3/4 15. The current yield is (to the nearest tenth of a percent):

(Multiple Choice)

4.8/5

(91)

Question 67

Assume the company earns $.70 per share. What was the lowest price at which stock traded for the year? 52 Weeks Stock (Sym) DIV YLD \% PE Volume 10 s Close Net Change HI \mid LO 13.57\mid8.38 Shoreline HLT .08 ? 13411 11.19 -0.25

(Short Answer)

4.8/5

(70)

Question 68

Bee Sting bought 400 shares of Google at $1238.16 per share. Assume a commission of 2% of the purchase price. What is the total to Bee?

(Multiple Choice)

4.7/5

(93)

Question 69

Jangles Co. earned $1.80 per share. Assuming a closing price of $40, the PE ratio is (round to the nearest whole answer):

(Multiple Choice)

5.0/5

(90)

Question 70

Angel Hart bought 190 shares of a mutual fund with an NAV of $14.10. This fund also has a load charge of 6 3/4%. (A)What is the offer price (round to the nearest cent), and (B)what did Angel pay for the investment?

(Short Answer)

4.8/5

(79)

Question 71

The NAV is the dollar value of 10 shares of a mutual fund.

(True/False)

5.0/5

(70)

Question 72

Joe Boyd is considering whether to buy stocks or bonds. The stock he is looking at is trading at $43.50 with an annual dividend of $3.60. The bond is trading at 92.125 with an annual interest rate of 8 3/4%. Can you calculate for Joe his rate of return to the nearest hundredth percent for stocks and bonds? Which is the better rate of return?

(Short Answer)

4.9/5

(94)

Question 73

Bond quotes are stated in percents of face value.

(True/False)

4.8/5

(70)

Question 74

Is the below bond trading at a premium or a discount? Bond Current Yield Vol Close Net Change NDon 723 12 67.50 -8

(Short Answer)

4.8/5

(74)

Question 75

Calculate the current yield of this bond: Bond Current Yield Vol Close Net Change Action 11 22 ? 10 102 +1.25

(Short Answer)

4.8/5

(85)

Question 76

Assume that a bond sells at 98 ½ (pays 15% interest). If Bill Smith buys four bonds (assume no commission), what is the total dollar cost?

(Short Answer)

4.9/5

(79)

Question 77

The bond of Tuckpeck is 8¼ 14. The bond traded for a high of 93.25 and closed at 93. The current yield of the bond to the nearest tenth of a percent is:

(Multiple Choice)

4.9/5

(69)

Question 78

Al Roy bought five bonds of Jort Co. 11 3/4 at 93.25 and four bonds of Inst. System 12 3/4 for 81.125. If the commissions on the bonds are $2.50 per bond, the total cost of all the purchases is:

(Multiple Choice)

4.9/5

(81)

Question 79

The current yield on a bond is the yearly interest of the bond divided by the cost of the bond at closing.

(True/False)

4.9/5

(70)

Question 80

Linda Summers bought four bonds of AMT Co. 11 3/4 18 at 85 and five bonds of RT Co. 14 S 17 for 91. If the commission on the bonds is $2.50 per bond, what was the total cost of all the purchases?

The price-earnings ratio is calculated by the closing price per share of stock divided by:

A mutual fund is an investment company that buys stocks and bonds and then sells shares in those securities to the public.

Assume $1.19 EPS. Calculate the yield percent (round to the nearest tenth percent). 52 Weeks Stock (Sym) DIV YLD \% PE Volume (100 's ) Close Net Change HI \mid LO 34\mid21.56 Kellogg K 1.01 ? 10103 32.13 -0.07

Ron bought one bond of Bee Company for 82.25. The original bond was 6 3/4 15. The current yield is (to the nearest tenth of a percent):

Assume the company earns $.70 per share. What was the lowest price at which stock traded for the year? 52 Weeks Stock (Sym) DIV YLD \% PE Volume 10 s Close Net Change HI \mid LO 13.57\mid8.38 Shoreline HLT .08 ? 13411 11.19 -0.25

Bee Sting bought 400 shares of Google at $1238.16 per share. Assume a commission of 2% of the purchase price. What is the total to Bee?

Jangles Co. earned $1.80 per share. Assuming a closing price of $40, the PE ratio is (round to the nearest whole answer):

Angel Hart bought 190 shares of a mutual fund with an NAV of $14.10. This fund also has a load charge of 6 3/4%. (A)What is the offer price (round to the nearest cent), and (B)what did Angel pay for the investment?

The NAV is the dollar value of 10 shares of a mutual fund.

Bond quotes are stated in percents of face value.

Is the below bond trading at a premium or a discount? Bond Current Yield Vol Close Net Change NDon 723 12 67.50 -8

Calculate the current yield of this bond: Bond Current Yield Vol Close Net Change Action 11 22 ? 10 102 +1.25

Assume that a bond sells at 98 ½ (pays 15% interest). If Bill Smith buys four bonds (assume no commission), what is the total dollar cost?

The bond of Tuckpeck is 8¼ 14. The bond traded for a high of 93.25 and closed at 93. The current yield of the bond to the nearest tenth of a percent is:

Al Roy bought five bonds of Jort Co. 11 3/4 at 93.25 and four bonds of Inst. System 12 3/4 for 81.125. If the commissions on the bonds are $2.50 per bond, the total cost of all the purchases is:

The current yield on a bond is the yearly interest of the bond divided by the cost of the bond at closing.

Whole Numbers: How to Dissect and Solve Word Problems

Fractions

Decimals

Banking

Solving for the Unknown: a How-To Approach for Solving Equations

Percents and Their Applications

Discounts: Trade and Cash

Markups and Markdowns: Perishables and Breakeven Analysis

Payroll

Simple Interest

Promissory Notes, Simple Discount Notes, and the Discount Process

Compound Interest and Present Value

Annuities and Sinking Funds

Installment Buying

The Cost of Home Ownership

How to Read, Analyze, and Interpret Financial Reports

Depreciation

Inventory and Overhead

Sales, Excise, and Property Taxes

Life, Fire, and Auto Insurance

Business Statistics

Filters