FINC 6000 C214 Financial Management Pre-Assessment study guide
WGU C214 Pre-Assessment study guide A bond pays $27.50 semiannually, matures in 9 years, and is currently priced at $1,090. What is the yield to maturity for this bond? - Correct Answ4.28% A bond that matures in 30 months is sold at a premium. What is the yield to maturity (YTM)? - Correct AnswLower than the coupon rate A broker is considering buying a dividend-paying stock. The dividend will be paid atthe end of the year. The analyst consensus is the stock will be worth $36 in one year. The company pays a $2.25 annual dividend (ex dividend date is not a consideration,the broker will receive the full $2.25), and the broker expects a 12% rate of return What is the highest price the broker should be willing to pay for the stock? - Correct Answ$34.15 A broker is considering purchasing common stock in a company that has average but consistent operating performance.
Written for
Document information
- Uploaded on
- February 28, 2024
- Number of pages
- 8
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
finc 6000 c214 financial management
Also available in package deal