5 Jeffery Wei received a 6-year non-subsidized student loan of $33,000 at an annual interest rate of
Question:
5 Jeffery Wei received a 6-year non-subsidized student loan of $33,000 at an annual interest rate of 5.9%. What are Jeffery's monthly loan payments for this loan after he graduates in 4 years? (Round your answer to the nearest cent.)
6 A stock that pays an annual dividend of $0.66 per share has a current price of $31.75. Find the dividend yield. Round to the nearest hundredth of a percent.
7 Suppose that you owned 1000 shares of stock in Procter & Gamble (PG). You purchased the shares at a price of $48.92 per share and sold them at the closing price of the stock given in the table. (A) Ignoring dividends, what was your profit or loss on the sale of the stock? (B) If your broker charges 1.7% of the total sale price, what was the broker's commission?
8 Michele Desjardins bought 900 shares of Apple (APPL) at the 52-week low and sold the shares at the 52-week high shown in the table. (A) Ignoring dividends, what was Michele's profit or loss on the sale of the stock? (B) If her broker charges 1.9% of the total sale price, what was the broker's commission?
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield