Unformatted text preview: The stock is earning an annual dividend of $0.75 a share. a. What would you receive in annual dividends? _________________________ b. What is the annual yield? _________________________ 5. You have 320 shares of stock. Recently a stockbroker offered you $52.80 per share for control of the stock. You purchased the stock for $73.20 per share. You paid a 3.2% commission when you bought the stock. You will pay a 1.5% commission when you sell the stock. What would your profit or loss be if you sold now? _________________________ 6. You are purchasing a $9000 savings bond at 1 2 85 . It pays 6.5% annual interest. a. What is the cost of the bond? _________________________ b. What is the annual interest earned? _________________________ c. What is the annual yield? _________________________...
View Full Document
- Summer '06