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1. Net income is $55,000, dividends paid are $8,000; what is the dividend pay-out ratio?
2. You own 200 shares of Easy stock that has a current market price of $25/share. What is the value of your holdings after a 15% stock dividend if the stock price per share remains unchanged?
3. If the value of one currency goes down in value relative to that of a second currency, the second currency is.
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Morgan Jennings, a geography professor, invests $50,000 in a parcel of land that is expected to increase in value by 12 percent per year for the next five years. He will take the proceeds and provide himself with a 10-year annuity a 12 percent int..
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