Financial literacy

You bought a new piece of machinery. You have a set of bills in front of you and

You bought a new piece of machinery. You have a set of bills in front of you and you are trying to record the acquisition cost for the sake of reporting the asset on your balance …

You bought a stock of ABC Corp Limited, Inc. After a thorough analysis you deter

You bought a stock of ABC Corp Limited, Inc. After a thorough analysis you determined it the expected annual return is 6% and the standard deviation is 3%. stocyrect, and assuming…

You bought a stock one year ago for $48.48 per share and sold it today for $59.2

You bought a stock one year ago for $48.48 per share and sold it today for $59.22 per share. It paid a $1.43 per share dividend today. If you assume that the stock fell $4.70 to $…

You bought a stock one year ago for $49.49 per share and sold it today for $59.5

You bought a stock one year ago for $49.49 per share and sold it today for $59.58 per share. It paid a $1.45 per share dividend today. If you assume that the stock fell $8.22 to $…

You bought a stock one year ago for $51.85 per share and sold it today for $45.0

You bought a stock one year ago for $51.85 per share and sold it today for $45.08 per share. It paid a $1.28 per share dividend today. a. What was your realized return? ____% b. H…

You bought a survey device at $750,000 at beginning of year 1. You expect to use

You bought a survey device at $750,000 at beginning of year 1. You expect to use it to generate an annual revenue of $350,000 for year 1 and increase at 4% per year. The operating…

You bought one CVS stock $65 at the end of 2003 and sold it at the end of 2014 f

You bought one CVS stock $65 at the end of 2003 and sold it at the end of 2014 for $90. Assume the firm did not pay dividend. What was your compound annual (geometric) rate of ret…

You bought one of Bergen Manufacturing Co.’s 6.2 percent coupon bonds one year a

You bought one of Bergen Manufacturing Co.’s 6.2 percent coupon bonds one year ago for $1,038. These bonds make annual payments and mature fifteen years from now. Suppose you deci…

You bought one of Bergen Manufacturing Co.’s 7.8 percent coupon bonds one year a

You bought one of Bergen Manufacturing Co.’s 7.8 percent coupon bonds one year ago for $1,061. These bonds make annual payments and mature twelve years from now. Suppose you decid…

You bought one of Bergen Manufacturing Co.’s 7.8 percent coupon bonds one year a

You bought one of Bergen Manufacturing Co.’s 7.8 percent coupon bonds one year ago for $1,061. These bonds make annual payments and mature twelve years from now. Suppose you decid…

You bought one of Bergen Manufacturing Co.’s 8 percent coupon bonds one year ago

You bought one of Bergen Manufacturing Co.’s 8 percent coupon bonds one year ago for $1,059. These bonds make annual payments and mature ten years from now. Suppose you decide to …

You bought one of Bergen Manufacturing Co.’s 8.2 percent coupon bonds one year a

You bought one of Bergen Manufacturing Co.’s 8.2 percent coupon bonds one year ago for $1,050. These bonds make annual payments and mature thirteen years from now. Suppose you dec…

You bought one of Bergen Manufacturing Co.’s 8.4 percent coupon bonds one year a

You bought one of Bergen Manufacturing Co.’s 8.4 percent coupon bonds one year ago for $1,048. These bonds make annual payments and mature eleven years from now. Suppose you decid…

You bought one of Great White Shark Repellant Co.%u2019s 6.4 percent coupon bond

You bought one of Great White Shark Repellant Co.%u2019s 6.4 percent coupon bonds one year ago for $1,058. These bonds make annual payments and mature 13 years from now. Suppose y…

You bought one of Great White Shark Repellant Co.%u2019s 6.4 percent coupon bond

You bought one of Great White Shark Repellant Co.%u2019s 6.4 percent coupon bonds one year ago for $1,058. These bonds make annual payments and mature 13 years from now. Suppose y…

You bought one of Great White Shark Repellant Co.%u2019s 8.4 percent coupon bond

You bought one of Great White Shark Repellant Co.%u2019s 8.4 percent coupon bonds one year ago for $1,048. These bonds make annual payments and mature 11 years from now. Suppose y…

You bought one of Great White Shark Repellant Co.s 6 percent coupon bonds one ye

You bought one of Great White Shark Repellant Co.s 6 percent coupon bonds one year ago for $1,040. These bonds make annual payments and mature 11 years from now. Suppose you decid…

You bought one of Great White Shark Repellant Co.’s 7 percent coupon bonds one

You bought one of Great White Shark Repellant Co.’s 7 percent coupon bonds one year ago for $1,045. These bonds make annual payments and mature 12 years from now. Suppose you de…

You bought one of Great White Shark Repellant Co.’s 8.4 percent coupon bonds o

You bought one of Great White Shark Repellant Co.’s 8.4 percent coupon bonds one year ago for $1,048. These bonds make annual payments and mature 11 years from now. Suppose you …

You bought one of Great White Shark Repellant Co.’s 10 percent coupon bonds one

You bought one of Great White Shark Repellant Co.’s 10 percent coupon bonds one year ago for $770. These bonds make annual payments and mature 7 years from now. Suppose you decide…

You bought one of Great White Shark Repellant Co.’s 10 percent coupon bonds one

You bought one of Great White Shark Repellant Co.’s 10 percent coupon bonds one year ago for $800. These bonds make annual payments and mature 11 years from now. Suppose you decid…

You bought one of Great White Shark Repellant Co.’s 11 percent coupon bonds one

You bought one of Great White Shark Repellant Co.’s 11 percent coupon bonds one year ago for $810. These bonds make annual payments and mature 9 years from now. Suppose you decide…

You bought one of Great White Shark Repellant Co.’s 7 percent coupon bonds one y

You bought one of Great White Shark Repellant Co.’s 7 percent coupon bonds one year ago for $1,045. These bonds make annual payments and mature 12 years from now. Suppose you deci…

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one y

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $810. These bonds make annual payments and mature 8 years from now. Suppose you decide …

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one y

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $1,059. These bonds make annual payments and mature 10 years from now. Suppose you deci…

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one y

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $760. These bonds make annual payments and mature 7 years from now. Suppose you decide …

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one y

You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $1,044. These bonds make annual payments and mature 13 years from now. Suppose you deci…

You bought one of Great White Shark Repellant Co.’s 8.5 percent coupon bonds one

You bought one of Great White Shark Repellant Co.’s 8.5 percent coupon bonds one year ago for $1,064. These bonds make annual payments and mature 11 years from now. Suppose you de…

You bought one of Great White Shark Repellant Co.’s 9 percent coupon bonds one y

You bought one of Great White Shark Repellant Co.’s 9 percent coupon bonds one year ago for $810. These bonds make annual payments and mature 8 years from now. Suppose you decide …

You bought one of Great White Shark Repellant Co.’s 9 percent coupon bonds one y

You bought one of Great White Shark Repellant Co.’s 9 percent coupon bonds one year ago for $770. These bonds make annual payments and mature 5 years from now. Suppose you decide …

You bought one of Rocky Mountain Manufacturing Co.\'s 8.5 percent coupon bonds o

You bought one of Rocky Mountain Manufacturing Co.'s 8.5 percent coupon bonds one year ago for $1,051.30. These bonds make annual payments and mature eleven years from now. Suppos…

You bought one of Rocky Mountain Manufacturing Co.’s 8 percent coupon bonds one

You bought one of Rocky Mountain Manufacturing Co.’s 8 percent coupon bonds one year ago for $1,050.30. These bonds make annual payments and mature nine years from now. Suppose th…

You bought one of Rocky Mountain Manufacturing Co.’s 8.5 percent coupon bonds on

You bought one of Rocky Mountain Manufacturing Co.’s 8.5 percent coupon bonds one year ago for $1,046.30. These bonds make annual payments and mature eleven years from now. Suppos…

You bought one of Rocky Mountain Manufacturing Co.’s 8.75 percent coupon bonds o

You bought one of Rocky Mountain Manufacturing Co.’s 8.75 percent coupon bonds one year ago for $1,051.80. These bonds make annual payments and mature eight years from now. Suppos…

You bought one of Rocky Mountain Manufacturing Co.’s 9 percent coupon bonds one

You bought one of Rocky Mountain Manufacturing Co.’s 9 percent coupon bonds one year ago for $1,047.30. These bonds make annual payments and mature seven years from now. Suppose t…

You bought one of Rocky Mountain Manufacturing Co.’s 9 percent coupon bonds one

You bought one of Rocky Mountain Manufacturing Co.’s 9 percent coupon bonds one year ago for $1,052.30. These bonds make annual payments and mature seven years from now. Suppose t…

You brought your work home one evening, and your nephew spilled his chocolate mi

You brought your work home one evening, and your nephew spilled his chocolate milk shake on the variance report you were preparing. Fortunately, knowing that overhead was applied …

You brought your work home one evening, and your nephew spilled his chocolate mi

You brought your work home one evening, and your nephew spilled his chocolate milk shake on the variance report you were preparing. Fortunately, knowing that overhead was applied …

You buy 10 of the 45 puts at the market price - if the stock falls to $39 and yo

You buy 10 of the 45 puts at the market price - if the stock falls to $39 and you sell your puts at expiration, what is your gain or loss? 1. $5,100 2. 0% 3. $6000 4. 566% 5. $(90…

You buy 100 SPDRs (Standard and Poor\'s Depositary Receipts) at $105 per unit. A

You buy 100 SPDRs (Standard and Poor's Depositary Receipts) at $105 per unit. A SPDR is a Standard and Poor's Depositary Receipt. A SPDR is an exchange traded fund (ETF) that is d…

You buy 510 shares of stock that are priced at $48 a share using the full amount

You buy 510 shares of stock that are priced at $48 a share using the full amount of margin available. The maintenance margin requirement or MMR is 35%. At what stock price do you …

You buy a $1,000 par value zero coupon bond that matures in 8 years. What is the

You buy a $1,000 par value zero coupon bond that matures in 8 years. What is the current price of the bond if it is priced to yield 9%? Answer $1,000 $829 $280 $447 $914 $502 $1,4…

You buy a 20-year bond with a coupon rate of 8% that has a yield to maturity of

You buy a 20-year bond with a coupon rate of 8% that has a yield to maturity of 9%. (Assume a face value of $1,000 and semiannual coupon payments.) Six months later, the yield to …

You buy a 20-year bond with a coupon rate of 8% that has a yield to maturity of

You buy a 20-year bond with a coupon rate of 8% that has a yield to maturity of 9%. (Assume a face value of $1,000 and semiannual coupon payments.) Six months later, the yield to …

You buy a 20-year bond with a coupon rate of 8.8% that has a yield to maturity o

You buy a 20-year bond with a coupon rate of 8.8% that has a yield to maturity of 9.8%. (Assume a face value of $1,000 and semiannual coupon payments.) Six months later, the yield…

You buy a bond for $958 that has a coupon rate of 6.2% and a 5-year maturity. A

You buy a bond for $958 that has a coupon rate of 6.2% and a 5-year maturity. A year later, the bond price is $1,088 (Assume a face value of $1,000 and annual coupon payments.) Wh…

You buy a bond for $979 that has a coupon rate of 7.6% and a 6-year maturity. A

You buy a bond for $979 that has a coupon rate of 7.6% and a 6-year maturity. A year later, the bond price is $1,144. (Assume a face value of $1,000 and annual coupon payments) Wh…

You buy a bond for S970 that has a coupon rate of 7.0% and a 9-year maturity. A

You buy a bond for S970 that has a coupon rate of 7.0% and a 9-year maturity. A year later, the bond price is $1,120. (Assume a face value of $1,000 and annual coupon payments.) a…

You buy a bond of Nike with your name on it. It sells for $400 and it will pay y

You buy a bond of Nike with your name on it. It sells for $400 and it will pay you your $1,000 in ten years (registered for principal only). What type of bond is this? What is an …

You buy a bond with a 8 current maturity. The coupon rate is 8% at a current yie

You buy a bond with a 8 current maturity. The coupon rate is 8% at a current yield of 6%, planning to hold the bond for 6 years. Suppose the yields increase by 50 Basis Points rig…