Study guides, Class notes & Summaries

1. You want to invest in a stock that pays $6.00 annual cash dividends for the next five years. At the end of the five years you will sell the stock for $30.00. If you want to earn 10% on this investment what is a fair price for this stock if you buy it today? $22.75 $40.37 $18.63 $41.37 2. ________ provides financial advice helps design bond terms makes sure that new bonds meet listing requirements and then markets new bond issues. An investment banker The Federal Reserve A stock broker The Sec...