Question 1

Match the following terms with their definitions.
-Bond yield

Accepted Answer

A) Bond sells for more than face value 
B) Symbol of stock 
C) Total interest divided by total cost 
D) Dividend in arrears is paid before common price 
E) What shares are quoted in
F)Dividend per share divided by closing price
G)No sales charge
H)Price per share divided by earnings per share
I)Payment to stockholder
J)A type of stock
K)Dollar value of one share of a mutual fund
L)Denominations of $1,000 
A) Bond sells for more than face value 
B) Symbol of stock 
C) Total interest divided by total cost 
D) Dividend in arrears is paid before common price 
E) What shares are quoted in
F)Dividend per share divided by closing price
G)No sales charge
H)Price per share divided by earnings per share
I)Payment to stockholder
J)A type of stock
K)Dollar value of one share of a mutual fund
L)Denominations of $1,000

Question 2

Assume the company earns $.70 per share. Calculate the PE number.
 $$\begin{array} { | c | c | c | c | c | c | c | c | c | } 
\hline { \text { 52 Weeks } } & \begin{array} { c } 
\text { Stock } \
\text { (Sym) }
\end{array} & \text { DIV } & \begin{array} { c } 
\text { YLD } \
\%
\end{array} & \text { PE } & \begin{array} { c } 
\text { Volume } \
\left( 100 ^ { \prime } \text { 's } \right)
\end{array} & \text { Close } & \begin{array} { c } 
\text { Net } \
\text { Change }
\end{array} \
\hline \text { HI } \mid \text { LO } & & & & & & & \
\hline 13.57 \mid 8.38 & \begin{array} { c } 
\text { Shoreline } \
\text { HLT. }
\end{array} & .08 & & ? & 13411 & 11.18 & - 0.25 \
\hline
\end{array}$$

Accepted Answer

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

Question 3

Assume a bond sells at 97.75 (pays 8% interest). The total annual interest is $80 per bond. The total dollar cost for one bond is $977.50. Calculate the bond yield to the nearest tenth percent.

Accepted Answer

The answer of Assume a bond sells at 97.75 (pays...

Question 4

A stock price will rise if:

Accepted Answer

A) Supply of stock is greater than demand 
B) The price-earnings ratio is 10 or greater 
C) Stock yield is greater than 8% 
D) Demand for stock is greater than supply 
E) None of these 
A) Supply of stock is greater than demand 
B) The price-earnings ratio is 10 or greater 
C) Stock yield is greater than 8% 
D) Demand for stock is greater than supply 
E) None of these

Question 5

What is the rate of interest on this bond?
 $$\begin{array} { | l | l | l | l | l | } 
\hline \text { Bond } & \text { Current Yield } & \text { Vol } & \text { Close } & \text { Net Change } \
\hline \text { HWL } 8\frac {\text {  1}} { \text {2 } }\quad23& & 12 & 67.75 & + 7 \
\hline
\end{array}$$

Accepted Answer

The answer of What is the rate of interest on...

Question 6

The current market value of Plum Fund Investment is $6,850,000. The fund has current liabilities of $950,000. There are 700,000 shares outstanding. What is the NAV (round to the nearest cent)of this fund?

Accepted Answer

($6,850,00

Question 7

Assume that a bond sells at 98 3/4 (pays 14% interest). If Jorge Galves buys four bonds (assume no commission), what is the total dollar cost?

Accepted Answer

98.75% × $

Question 8

Assume 15,000 shares of cumulative preferred at $1.80 per share and 80,000 shares of common. Find the following:
 $$\begin{array} { | l | l | l | l | } 
\hline & 2016 & 2017 & 2018 \
\hline \text { Dividend } & & & \
\text { Paid } & \$ 0 & \$ 15,000 & \$ 98,000 \
\hline \text { Preferred } & & & \
\text { Dividend } & \text { A } & \text { B } & \text { C } \
\hline \text { Common } & & & \
\text { Dividend } & \text { D } & \text { E } & \text { F } \
\hline
\end{array}$$

Accepted Answer

A. $0; B. $15,000; C

Question 9

The yearly interest of a bond is the face value of the bond:

Accepted Answer

A) Divided by the stated yearly interest rate 
B) Plus the stated yearly interest rate 
C) Times the stated yearly interest rate 
D) Minus the stated yearly interest rate 
E) None of these 
A) Divided by the stated yearly interest rate 
B) Plus the stated yearly interest rate 
C) Times the stated yearly interest rate 
D) Minus the stated yearly interest rate 
E) None of these

Question 10

In dollars, what is the closing price of this bond?
 $$\begin{array} { | l | l | l | l | l | } 
\hline \text { Bond } & \text { Current Yield } & \text { Vol } & \text { Close } & \text { Net Change } \
\hline \text { NDon  }7\frac {\text {  1}} { \text {2 } }\quad23 & & 12 & 67.50 & - 8 \
\hline
\end{array}$$

Accepted Answer

The answer of In dollars, what is the closing price...

Question 11

ARUN stock closed at $8.11 + $0.33. Yesterday's closing price was:

Accepted Answer

A) $8.44 
B) $8.40 
C) $7.78 
D) $7.87 
E) None of these 
A) $8.44 
B) $8.40 
C) $7.78 
D) $7.87 
E) None of these

Question 12

Match the following terms with their definitions.
-Sym

Accepted Answer

A) Bond sells for more than face value 
B) Symbol of stock 
C) Total interest divided by total cost 
D) Dividend in arrears is paid before common price 
E) What shares are quoted in
F)Dividend per share divided by closing price
G)No sales charge
H)Price per share divided by earnings per share
I)Payment to stockholder
J)A type of stock
K)Dollar value of one share of a mutual fund
L)Denominations of $1,000 
A) Bond sells for more than face value 
B) Symbol of stock 
C) Total interest divided by total cost 
D) Dividend in arrears is paid before common price 
E) What shares are quoted in
F)Dividend per share divided by closing price
G)No sales charge
H)Price per share divided by earnings per share
I)Payment to stockholder
J)A type of stock
K)Dollar value of one share of a mutual fund
L)Denominations of $1,000

Question 13

Mindy bought 600 shares of Amazon Stock at $1,823.29 per share. Assume a commission of 2% to buy shares. What is the cost to buy the stock?

Accepted Answer

600 × 1,823.29 = $1,

Question 14

Tim Sport bought four bonds of ABC 6 1/2 16 at 78.125. Can you help Tim calculate his (A)total annual interest, (B)total cost, and (C)current yield to the nearest tenth percent?

Accepted Answer

A. Interest = .065 × $1,000 =

Question 15

What is the annual interest on this bond?
 $$\begin{array} { | l | l | l | l | l | } 
\hline \text { Bond } & \text { Current Yield } & \text { Vol } & \text { Close } & \text { Net Change } \
\hline \text { Action 11\quad 22 } & & 10 & 62 & + 1.25 \
\hline
\end{array}$$

Accepted Answer

The answer of What is the annual interest on this...

Question 16

What is the total interest for one year on this bond?
 $$\begin{array} { | l | l | l | l | l | } 
\hline \text { Bond } & \text { Current Yield } & \text { Vol } & \text { Close } & \text { Net Change } \
\hline \text { NDon  }7\frac {\text {  1}} { \text {2 } }\quad23 & & 12 & 67.50 & - 8 \
\hline
\end{array}$$

Accepted Answer

The answer of What is the total interest for one...

Question 17

If a mutual fund has an NAV of $12.75 and an offer price of $13.10, what would be the cost of 300 shares?

Accepted Answer

300 × $13.

Question 18

Assume the company earns $.70 per share. Calculate the yield percent (round to the nearest tenth percent).
 $$\begin{array} { | c | c | c | c | c | c | c | c | c | } 
\hline  { 52 \text { Weeks } } & \begin{array} { c } 
\text { Stock } \
( \text { Sym) }
\end{array} & \text { DIV } & \begin{array} { c } 
\text { YLD } \
\%
\end{array} & \text { PE } & \begin{array} { c } 
\text { Volume } \
\left( 100 ^ { \prime } \text { s } \right)
\end{array} & \text { Close } & \begin{array} { c } 
\text { Net } \
\text { Change }
\end{array} \
\hline \text { HI } \mid \text { LO } & & & & & & & \
\hline 13.57 \mid 8.38 & \text { Shoreline HLT } & .08 & ? & & 13411 & 11.19 & - 0.25 \
\hline
\end{array}$$

Accepted Answer

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

Question 19

Assume $1.19 EPS. What was the lowest price at which the stock traded for the year?
 $$\begin{array} { | c | c | c | c | c | c | c | c | c | } 
\hline { \text { 52 Weeks } } & \begin{array} { c } 
\text { Stock } \
\text { (Sym) }
\end{array} & \text { DIV } & \begin{array} { c } 
\text { YLD } \
\%
\end{array} & \text { PE } & \begin{array} { c } 
\text { Volume } \
( 100 \text { 's } )
\end{array} & \text { Close } & \begin{array} { c } 
\text { Net } \
\text { Change }
\end{array} \
\hline \text { HI } \mid \text { LO } & & & & & & & \
\hline 34 \mid 21.56 & \text { Kellogg K } & 1.01 & & ? & 10103 & 32.13 & - 0.07 \
\hline
\end{array}$$

Accepted Answer

The answer of Assume $1.19 EPS. What was the lowest...

Question 20

Assume the company earns $1.62 per share. Calculate the yield percent (round to the nearest tenth percent).
 $$\begin{array} { | c | c | c | c | c | c | c | c | c | } 
\hline { \text { 52 Weeks } } & \begin{array} { c } 
\text { Stock } \
\text { (Sym) }
\end{array} & \text { DIV } & \begin{array} { c } 
\text { YLD } \
\%
\end{array} & \text { PE } & \begin{array} { c } 
\text { Volume } \
\left( 100 ^ { \prime } \text { 's } \right)
\end{array} & \text { Close } & \begin{array} { c } 
\text { Net } \
\text { Change }
\end{array} \
\hline \text { HI } \mid \text { LO } & & & & & & & \
\hline 49.94 \mid 40.25 & \text { Jaymen Co. } & .58 & ? & & 51615 & 46.90 & - 0.50 \
\hline
\end{array}$$

Accepted Answer

The answer of Assume the company earns $1.62 per share....

Exam 21: Stocks, Bonds, and Mutual Funds

Match the following terms with their definitions. -Bond yield

Assume the company earns $.70 per share. Calculate the PE number. 52 Weeks Stock (Sym) DIV YLD \% PE Volume 10 's Close Net Change HI \mid LO 13.57\mid8.38 Shoreline HLT. .08 ? 13411 11.18 -0.25

Assume a bond sells at 97.75 (pays 8% interest). The total annual interest is $80 per bond. The total dollar cost for one bond is $977.50. Calculate the bond yield to the nearest tenth percent.

A stock price will rise if:

What is the rate of interest on this bond? Bond Current Yield Vol Close Net Change HWL 823 12 67.75 +7

The current market value of Plum Fund Investment is $6,850,000. The fund has current liabilities of $950,000. There are 700,000 shares outstanding. What is the NAV (round to the nearest cent)of this fund?

Assume that a bond sells at 98 3/4 (pays 14% interest). If Jorge Galves buys four bonds (assume no commission), what is the total dollar cost?

Assume 15,000 shares of cumulative preferred at $1.80 per share and 80,000 shares of common. Find the following: 2016 2017 2018 Dividend Paid \ 0 \ 15,000 \ 98,000 Preferred Dividend A B C Common Dividend D E F

The yearly interest of a bond is the face value of the bond:

In dollars, what is the closing price of this bond? Bond Current Yield Vol Close Net Change NDon 723 12 67.50 -8

ARUN stock closed at $8.11 + $0.33. Yesterday's closing price was:

Match the following terms with their definitions. -Sym

Mindy bought 600 shares of Amazon Stock at $1,823.29 per share. Assume a commission of 2% to buy shares. What is the cost to buy the stock?

Tim Sport bought four bonds of ABC 6 1/2 16 at 78.125. Can you help Tim calculate his (A)total annual interest, (B)total cost, and (C)current yield to the nearest tenth percent?

What is the annual interest on this bond? Bond Current Yield Vol Close Net Change Action 1122 10 62 +1.25

What is the total interest for one year on this bond? Bond Current Yield Vol Close Net Change NDon 723 12 67.50 -8

If a mutual fund has an NAV of $12.75 and an offer price of $13.10, what would be the cost of 300 shares?

Assume the company earns $.70 per share. Calculate the yield percent (round to the nearest tenth percent). 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

Assume $1.19 EPS. What was the lowest price at which the stock traded for the year? 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

Assume the company earns $1.62 per share. Calculate the yield percent (round to the nearest tenth percent). 52 Weeks Stock (Sym) DIV YLD \% PE Volume 10 's Close Net Change HI \mid LO 49.94\mid40.25 Jaymen Co. .58 ? 51615 46.90 -0.50

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